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LME Zinc to Edge down (2017-7-11)

iconJul 11, 2017 09:58
Source:SMM
LME zinc will drop slightly to RMB 2,750-2,800/mt on Tuesday, and SHFE 1709 zinc will keep falling to RMB 22,560-22,940/mt.

SHANGHAIM, Jul. 11 (SMM) – US dollar index broke through 96, weighing down base metals. LME zinc will drop slightly to RMB 2,750-2,800/mt on Tuesday, and SHFE 1709 zinc will keep falling to RMB 22,560-22,940/mt.

In China’s domestic market, #0 spot zinc should trade at premiums of RMB 160-300/mt on Tuesday.

SHFE zinc
LME zinc
zinc prices

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