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

Price Review & Forecast 09:22:30AM Aug 14, 2017 Source:SMM

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.

Key Words: SHFE zinc LME zinc zinc prices

Relative News

Price

1# Zinc

Nov.20

18460.0

60.0

(0.33%)

0# Zinc

Nov.20

18530.0

60.0

(0.32%)

T/C for Domestic Zinc Concentrate

Nov.01

6275.0

-50.0

(-0.79%)

T/C for Imported Zinc Concentrate

Nov.01

280.0

0.0

(0.00%)

Zinc Alloy (Zamak5/ZX03)

Nov.20

19730.0

60.0

(0.31%)

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

Price Review & Forecast 09:22:30AM Aug 14, 2017 Source:SMM

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

Key Words: SHFE zinc LME zinc zinc prices