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SHFE Zinc to Remain Range-Bound (2017-9-28)
Sep 28, 2017 09:20LME zinc remains strong and is expected to move between USD 3,100-3,145/mt today.
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.
LME Zinc prices
SHFE zinc prices
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