Outlook for Zinc Price in 2018

Published: Nov 10, 2017 10:16

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SMM predicts LME of three-month in 2018 ranges from $2,450-3,500 per tonne. SHFE Zinc ranges from 20,500-29,700 yuan per tonne.

SHANGHAI, Nov.10 (SMM)－Liu Mengyue, SMM zinc analyst says on Zinc Oxide Industry Summit, zinc price is estimated to keep strong in early 2018, but with expectation of balance of demand and supply in 2018, the price may drop a little from high level during second half of the year, seeking support of 20,000. SMM predicts LME of three-month in 2018 ranges from $2,450-3,500 per tonne. SHFE Zinc ranges from 20,500-29,700 yuan per tonne.

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