SHANGHAI, Jul. 17 (SMM) – Zinc prices are expected to continue fluctuating at high levels this week, SMM foresees.
Zinc Inventories Post Further Growth in China Major Markets, SMM Reports
LME zinc may move in the range of $2,750-2,850 per tonne this week, SMM predicts. SHFE August zinc, the most actively traded contract, will move between 22,700-23,500 yuan per tonne.
China Zinc Concentrate TCs Hold Flat, SMM Reports
Recently, zinc inventories in Shanghai, Tianjin and Guangdong grew slightly. And there will be additional influx of imported zinc, SMM said.
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