SHANGHAI, Sept. 8 (SMM) – LME zinc is expected to move between USD 3,115-3,160/mt today. SHFE 1711 zinc rallied due to LME zinc, and will fluctuate between RMB 24,860-25,280/mt today, with spot prices RMB 280-440/mt above SHFE 1709 zinc. China’s trade data due for release today are expected to slide due to stronger yuan.
LME Zinc to See Range-Bound Trading (2017-9-8)
LME zinc is expected to move between USD 3,115-3,160/mt today.
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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