Zinc | 2015-07-06 06:48:43
According to SMM analysts, LME zinc prices are expected to find solid support at $2,000 per tonne from next week onwards.
BEIJING (SMM): LME zinc prices are expected to find solid support from $ 2,000 per tonne next week, SMM zinc analyst foresees, expecting prices to move between $ 2,000-2,060 per tonne.
"Contango on LME zinc narrowed to $ 2-5 per tonne this past week, and improving market sentiment will also help LME zinc price stabilize”, SMM zinc analyst explains.
Courtesy: www.metal.com