SHANGHAI, Sept. 28 (SMM) – LME zinc remains strong and is expected to move between USD 3,100-3,145/mt today. US Q2 GDP and PCE price index slated for release today are expected to hold stable. Fed Chair will speak today, and will give some support to the US dollar index. SHFE 1711 zinc will fluctuate between RMB 25,480-25,940/mt today, with spot prices RMB 150-200/mt above SHFE 1710 zinc.
SHFE Zinc to Remain Range-Bound (2017-9-28)
LME zinc remains strong and is expected to move between USD 3,100-3,145/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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