Metals News
SHFE Zinc to Swing Widely (2017-9-12)
price review forecast
Sep 12,2017

SHANGHAI, Sep. 12 (SMM) –OPEC will release monthly crude oil market report today. China will release August social financing and M2 money supply today. LME zinc will move at USD 3,070-3,110/mt, with resistance at 5-day and 20-day moving averages. The most active SHFE zinc will trade at RMB 24,820-25,250/mt, with fierce competition between longs and shorts. #0 zinc will trade at premiums of RMB 350-540/mt over SHFE 1810 zinc.  

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