LME Zinc May Fall Back (2017-8-17)-Shanghai Metals Market

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LME Zinc May Fall Back (2017-8-17)

Price Review & Forecast 09:22:43AM Aug 17, 2017 Source:SMM

SHANGHAI, Aug. 17 (SMM) – LME zinc hit nearly 10-year high, and is is expected to move between USD 2,990-3,150/mt today. SHFE 1710 zinc also reached the highest over the past 10 years, and will fluctuate between RMB 25,500-25,975/mt, with spot prices RMB 0-100/mt above SHFE 1709 zinc. 

LME Zinc May Fall Back (2017-8-17)

Price Review & Forecast 09:22:43AM Aug 17, 2017 Source:SMM

SHANGHAI, Aug. 17 (SMM) – LME zinc hit nearly 10-year high, and is is expected to move between USD 2,990-3,150/mt today. SHFE 1710 zinc also reached the highest over the past 10 years, and will fluctuate between RMB 25,500-25,975/mt, with spot prices RMB 0-100/mt above SHFE 1709 zinc.