SHANGHAI, Aug. 2 (SMM) – LME zinc is expected to move between USD 2,760-2,800/mt today. SHFE 1709 zinc looks set to inch lower and is expected to fluctuate between RMB 22,880-23,180/mt, with spot prices RMB 40/mt below or RMB 140/mt above SHFE 1708 zinc.
SHFE Zinc to Face Downward Pressure (2017-8-2)
LME zinc is expected to move between USD 2,760-2,800/mt today.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
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