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LME Zinc to Stay Range-Bound (2017-7-28)
Jul 28, 2017 09:37Source:SMM
US Q2 GDP and PCE due for release today are mixed.
SHANGHAI, Jul. 28 (SMM) – US Q2 GDP and PCE due for release today are mixed. The US dollar index will continue to rebound due to upbeat data from the US. LME zinc is expected to move between USD 2,785-2,820/mt today. SHFE 1709 zinc is expected to fluctuate between RMB 23,000-23,400/mt, with spot prices RMB 50/mt below or RMB 150/mt above SHFE 1708 zinc.
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