Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SMM Morning Review - 2011/2/28 Zinc Market

SMM Morning Review - 2011/2/28 Zinc Market

Feb 28, 2011 09:10

Source:SMM

SHANGHAI, Feb. 28 (SMM)--Last Friday, crude oil futures contract prices were up 60 cent per barrel to close at USD 97.88 per barrel, up 0.6%. Fears of crude oil shortages eased since crude oil futures contract prices tend to stabilize. The Dow Jones Industrial Average was up 61.95 to close at 12,130.45, and the Nasdaq Composite Index was up 43.15 to close at 2,781.05. The US dollar index rallied to between 76.9 and 77.3, and LME zinc prices found support at the 20-day moving average, with prices closing at USD 2,487/mt, up USD 32.3. Trading volumes decreased by over 6,000 lots to 35,001 lots, and total positions decreased by over 3,000 lots to 234,186 lots.

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

LME market

SHFE market

zinc price

zinc Zn

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Many zinc traders contributed the surge in zinc market mainly to two factors, 21st Century Business Herald reported.

Aug 29, 2017 10:29

Industry

Survey of Factors behind Surging Zinc Price

Zinc Supply Remains Tight as Inventories Stay Low, SMM Reports

Zinc supplies are still limited in Guangdong as local zinc inventories remain at low levels, SMM said.

Aug 22, 2017 14:47

SMM Insight

Zinc Supply Remains Tight as Inventories Stay Low, SMM Reports

Here’s Why Price Spread Narrows Sharply between Imported and Domestic Zinc, SMM Reports

The price spread between domestic and imported zinc has narrowed recently, SMM noted.

Aug 3, 2017 10:27

SMM Insight Industry

Here’s Why Price Spread Narrows Sharply between Imported and Domestic Zinc, SMM Reports

Will Zinc Keep Rising? SMM Survey Tells

Zinc market has been rising in recent days. Will the rising momentum continue? SMM surveys major 25 domestic galvanized plants for a whole picture of the market.

Apr 21, 2016 13:17

SMM Insight

LME Zinc to Grow on Short-Covering (2016-3-2)

LME zinc is predicted to challenge USD 1,800/mt and move between USD 1,750-1, 800/mt during Asian trading hours Wednesday.

Mar 2, 2016 09:29

SMM Comments

Hunan Baoshan to Put 1,500-T Daily Zinc and Lead Ore Build-Out Capacity online in Late 2016

Hunan Baoshan Nonferrous Metals & Minerals Co. plans to put its expanded zinc and lead ore mining and dressing capacity into production in late 2016.

Feb 4, 2016 18:32

Industry Reminder

Zinc and Lead Bucking the Trend for the Rest of 2015? And for 2016?

While base metals as a whole have struggled through the latter part of 2015, zinc and lead have risen above the pack in recent weeks.

Oct 23, 2015 12:59

Industry

Western Mining Reports Rising Gross Margin from Zinc in H1

Western Mining reported rising gross margins from zinc products in the first half of 2015 from rising zinc prices, SMM learned.

Aug 20, 2015 18:12

Reminder

[Zn Price] Most Zinc Smelters Bullish toward Zinc Price, SMM Survey

43% of zinc smelters are optimistic toward zinc price trends, SMM finds in its latest survey.

Jul 6, 2015 11:31

SMM Insight

Trevali Starts Commissioning at Caribou; Full-scale Production Set for Year End

Zinc-focused base metals miner Trevali Mining (TSX:TV,OTCQX:TREVF) has had a busy week.

May 20, 2015 10:24

Reminder

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

SMM Morning Review - 2011/2/28 Zinc Market

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit