Zinc to See Range-Bound Trading Next Week, SMM Predicts

Published: Oct 21, 2016 14:05

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Zinc is expected to move in tight range next week with mixed macroeconomic news, SMM predicts.

SHANGHAI, Oct. 21 (SMM) - Zinc is expected to move in tight range next week with mixed macroeconomic news, SMM predicts.

LME zinc will move between $2,260-2,340 per tonne, and SHFE December zinc will fluctuate between 17,900-18,500 per tonne, with spot premiums of 120-150 yuan per tonne.

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Zinc prices LME zinc prices SHFE zinc prices

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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