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SHFE Zinc to Remain Range-Bound (2017-10-10)
Oct 10, 2017 09:25Source: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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