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Home / Metal News / LME Zinc to Remain Range-Bound (2017-9-19)

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

Sep 19, 2017 09:21

Source:SMM

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

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SMM Comments

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

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