SHANGHAI, Oct. 10 (SMM) – LME zinc is expected to move between USD 3,230-3,270/mt today as investors may remain cautious. SHFE 1712 zinc will fluctuate between RMB 26,150-26,580/mt today, with spot prices RMB 500-550/mt above SHFE 1710 zinc. China’s M2 supply and informal financing in September are both expected to increase.
SHFE Zinc to Remain Range-Bound (2017-10-10)
LME zinc is expected to move between USD 3,230-3,270/mt today as investors may remain cautious.
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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