SHANGHAI, Sept. 15 (SMM) – LME zinc inventories stopped growing after increasing for 2 straight days. LME zinc lacked upward momentum. North Korea launched a guided missile, driving down the US dollar. Risk aversion will grow today.
LME zinc is expected to move between USD 2,985-3,035/mt today. SHFE 1711 zinc will fluctuate between RMB 24,500-24,900/mt today, with spot prices RMB 250-450/mt above SHFE 1710 zinc.