SMM Morning Review - 2011/1/17 Zinc Market

Jan 17, 2012 09:20

LME zinc prices fluctuated between USD 1,950-1,980/mt and finally closed at USD 1,955/mt, down USD 3.3/mt.

SHANGHAI, Jan. 17 (SMM) – LME zinc prices overnight were pushed up by the falling US dollar index. Standard & Poor's downgraded long-term rating of European EFSF, so LME zinc prices fluctuated between USD 1,950-1,980/mt and finally closed at USD 1,955/mt, down USD 3.3/mt. Trading volumes decreased by 5,532 lots to 5,175 lots, and total position increased by 4,604 lots to 273,345 lots. China's GDP is going to be released today, and SHFE 1204 zinc contract prices should move between RMB 15,100-15,400/mt today, with spot discounts between negative RMB 250-350/mt.

LME zinc prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SMM Morning Review - 2011/1/17 Zinc Market

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025