SHANGHAI, Nov. 24 (SMM) – LME zinc prices are expected to move between USD 1,520-1,550/mt today. SHFE 1601 zinc contract prices will hover between RMB 12,400-12,600/mt.
See forecast for other base metals, please click: Shanghai Zinc and Lead to Outperform Others, SMM Says
In China’s spot markets, major zinc smelters reached a consensus to hold back goods under small orders. Traders will thus hold back goods, leaving spot #0 zinc prices RMB 360-420/mt above SHFE 1601 zinc contract prices.
Key Macroeconomic Indicators for Base Metal Prices (2015-11-24)
![El respaldo de la oferta aporta cierta fortaleza y el zinc del SHFE repunta ligeramente [Análisis de futuros de zinc de SMM]](https://imgqn.smm.cn/usercenter/oTrxc20251217171755.jpg)
![El centro de precios del zinc baja, las primas de Guangdong suben [Reseña semanal del mercado spot de Guangdong de SMM]](https://imgqn.smm.cn/usercenter/PEqzX20251217171755.jpg)
![El ratio de precios del zinc SHFE/LME repunta hasta alrededor de 6,9 y se consolida [Revisión semanal del ratio de precios SHFE/LME del zinc de SMM]](https://imgqn.smm.cn/usercenter/TeRBO20251217171754.jpg)
