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 - 2011/8/12 Zinc Market

SMM Morning Review - 2011/8/12 Zinc Market

Aug 12, 2011 09:01

Source:SMM

LME zinc prices overnight surged to USD 2,160/mt during Asian trading hours, and generally moved between USD 2,160-2,170/mt.

SHANGHAI, Aug. 12 (SMM)--LME zinc prices overnight surged to USD 2,160/mt during Asian trading hours, and generally moved between USD 2,160-2,170/mt. According to data, the number of US jobless claims for the week ending August 6 fell 7,000, to 395,000. As a result, LME zinc prices rose further to close at USD 2,197/mt, up USD 72/mt. SHFE 1110 zinc contract prices should open higher and stand at RMB 17,000-17,300/mt today, with spot discounts remaining between RMB 100-200/mt due to limited goods supply.

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 zinc prices

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

Related news

LME Zinc to Range Narrowly (2016-2-15)

LME zinc is predicted to range USD 1,690-1,720/mt during Asian trading hours on Monday.

Feb 15, 2016 10:32

SMM Comments

[Zn Price] SMM Zinc Market Morning Review (2015-7-29)

US economic indicators released last night was sluggish.

Jul 29, 2015 09:46

SMM Comments

[Zn Price] SMM Zinc Market Morning Review (2015-7-27)

Major economic news released last Friday overshadowed the market.

Jul 27, 2015 10:46

SMM Comments

[Zn Price] SMM Zinc Market Morning Review (2015-7-24)

Short momentum predominated in the market with the lack of positive news.

Jul 24, 2015 09:45

SMM Comments

[Zn Price] SMM Zinc Market Morning Review (2015-7-23)

Gold price remained on the downward track, and earnings reports from Apple and Macrosoft were not promising, depressing market sentiment.

Jul 23, 2015 09:35

SMM Comments

SMM Zinc Market Morning Review (2015-7-17)

US economic data released overnight were upbeat. US Real Estate Index in July hit a 10-year high, boosting the US dollar index and weighing down base metals.

Jul 17, 2015 09:48

SMM Comments

SMM Zinc Market Daily Review (2015-7-6)

SHFE 1509 zinc contract prices opened at RMB 15,470/mt last Friday evening, then fell to RMB 15,300-15,350/mt, and closed at RMB 15,435/mt, down RMB 105/mt.

Jul 7, 2015 09:20

SMM Comments

SMM Zinc Market Morning Review (2015-7-1)

LME zinc prices opened at USD 2,017.5/mt Tuesday, then plunged to a one-year low of USD 1,964.5/mt, and closed at USD 1,999/mt, down USD 23/mt or 1.14%.

Jul 1, 2015 09:41

SMM Comments

[Zn Price] LME Zinc to Range between $ 2,000-2,060 Next Week

LME zinc prices will fall to test $ 2,000 per tonne next week due to the lack of upward momentum, SMM zinc analyst says, expecting prices to range between $ 2,000-2,060 per tonne.

Jun 26, 2015 16:10

SMM Insight

SMM Zinc Market Morning Review (2015-6-25)

LME zinc prices opened at USD 2,049/mt then edged up to USD 2,073.5/mt, and closed at USD 2,044/mt, down USD 11.2/mt or 0.54%.

Jun 25, 2015 09:55

SMM Comments

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 - 2011/8/12 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