LME Zinc to See Range-Bound Trading (2017-8-14)

Published: Aug 14, 2017 09:22

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LME zinc will trade at USD 2,875-2,920/mt on Monday and SHFE 1710 zinc will fluctuate between RMB 23,750-24,200/mt.

SHANGHAI, Aug. 14 (SMM) – LME zinc will trade at USD 2,875-2,920/mt on Monday and SHFE 1710 zinc will fluctuate between RMB 23,750-24,200/mt. Eyes should be on eurozone’s industrial production in June, and China’s M2 money supply in July.

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

SHFE zinc LME zinc zinc prices

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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