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Zinc to Remain Range-Bound (2017-9-4)
Sep 4, 2017 09:36LME zinc refreshed 10-year high. Hydrogen bomb test in North Korea succeeded, attracting market attention and growing geopolitical issue.
SHANGHAI, Sept. 4 (SMM) – LME zinc refreshed 10-year high. Hydrogen bomb test in North Korea succeeded, attracting market attention and growing geopolitical issue. Risk aversion thus grew.
LME zinc is expected to move between USD 3,190-3,235/mt today. SHFE 1710 zinc will fluctuate between RMB 26,000-26,450/mt, with spot prices RMB 50/mt below or RMB 100/mt above SHFE 1709 zinc.
LME Zinc prices
SHFE zinc prices
zinc prices
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