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

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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 

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