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SHANGHAIM, Jul. 12 (SMM) – Simmering Trump-Russia collusion event strengthens market risk aversion sentiment, depressing US dollar index. LME zinc will keep rising to USD 2,790-2,840/mt on Wednesday, and SHFE 1709 zinc will fluctuate between RMB 22,930-23,350/mt.
In China’s domestic market, spot zinc should trade at premiums of RMB 140-300/mt on Wednesday.
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