Zinc to Remain Range-Bound (2017-9-1)

Published: Sep 1, 2017 09:54

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LME zinc is expected to move between USD 3,130-3,180/mt today.

SHANGHAI, Sept. 1 (SMM) – LME zinc is expected to move between USD 3,130-3,180/mt today. Eurozone manufacturing PMI, US non-farm employment and ISM manufacturing index due for release today are promising. SHFE 1710 zinc will fluctuate between RMB 26,700-26,100/mt, with spot prices RMB 80-180/mt above SHFE 1709 zinc. Caixin’s manufacturing PMI for China will be released today.

LME Zinc prices SHFE zinc prices 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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