SHFE Zinc to Remain Range-Bound (2017-10-10)_SMM

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Home / Metal News / Zinc / SHFE Zinc to Remain Range-Bound (2017-10-10)

SHFE Zinc to Remain Range-Bound (2017-10-10)

Oct 10,2017 09:25

CST

price review forecast

Source:SMM

LME zinc is expected to move between USD 3,230-3,270/mt today as investors may remain cautious.

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.

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