LME Zinc to Remain Range-Bound (2017-9-19)

Published: Sep 19, 2017 09:21

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LME zinc opened at USD 3111/mt, and is expected to move between USD 3,095-3,140/mt today.

SHANGHAI, Sept. 19 (SMM) –LME zinc opened at USD 3111/mt, and is expected to move between USD 3,095-3,140/mt today. US housing starts are promising due to reconstruction after the hurricane. Reserve Bank of Australia will announce its monetary policy today, and market players will keep an eye on Fed’s monetary policy meeting.

SHFE 1711 zinc will fluctuate between RMB 25,400-25,850/mt today, with spot prices RMB 250-460/mt above SHFE 1710 zinc.

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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