Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SMM Morning Review - 2012/5/3 Zinc Market

SMM Morning Review - 2012/5/3 Zinc Market

May 3, 2012 10:03

Source:SMM

LME zinc prices plunged to close at USD 2,027/mt, down USD 27/mt.

SHANGHAI, May 3 (SMM) – HSBC released China's PMI rose but was still below 50, and LME zinc prices remained fluctuating between USD 2,040-2,050/mt. As the US dollar index rose due to weak data from Europe and the US, LME zinc prices plunged to close at USD 2,027/mt, down USD 27/mt. SHFE three-month zinc contract prices should open lower and move between RMB 15,500-15,700/mt today, with spot discounts narrowing between RMB 120-220/mt.

LME zinc prices

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

Related news

Shanghai Zinc to Edge up (2016-2-2)

The market will lack solid macroeconomic news today.

Feb 2, 2016 10:13

SMM Comments

23% Chinese Investors Still Bullish toward Zinc, SMM Survey

SMM survey of over 30 industry insiders finds that 57% are neutral, expecting LME zinc to hover between USD 1,570-1,630/mt and SHFE 1604 zinc to fluctuate between RMB 12,900-13,300/mt.

Feb 2, 2016 09:27

SMM Comments

LME Zinc to Consolidate at Highs Next Week

LME zinc is expected to fluctuate at highs between $1,550-1,630 per tonne next week.

Jan 29, 2016 16:17

SMM Insight

Shanghai Zinc to Remain Relatively Firm (2016-1-18)

There will not be any significant macroeconomic news today.

Jan 18, 2016 10:08

SMM Comments

SHFE Zinc to Edge up (2015-12-29)

The LME market reopened today, with LME zinc expected to move between USD 1,535-1,565/mt. SHFE 1603 zinc will rise to RMB 12,900-13,100/mt today.

Dec 29, 2015 09:47

SMM Comments

SHFE Zinc to Remain Bullish (2015-12-28)

The LME market remains closed today.

Dec 28, 2015 09:42

SMM Comments

Shanghai Zinc to Hover around 20-Day Moving Average (2015-12-17)

The US dollar rose after Fed rate hike decision, weighing down base metals.

Dec 17, 2015 10:03

SMM Comments

SMM Zinc Market Morning Review (2015-11-2)

LME zinc prices opened at USD 1,703/mt last Friday, then dropped to RMB 1,690/mt, and dipped to a three-week low of USD 1,685/mt, and closed at USD 1,711/mt, up USD 6.5/mt.

Nov 2, 2015 10:23

SMM Comments

SMM Zinc Market Morning Review (2015-10-29)

LME zinc prices opened at USD 1,740.5/mt on Wednesday, then dropped to RMB 1,722/mt, but clawed back early losses as crude oil prices surged over 6%, and closed at USD 1,737/mt.

Oct 29, 2015 10:05

SMM Comments

SMM Zinc Market Morning Review (2015-10-22)

LME zinc prices opened at USD 1,773/mt on Wednesday, then plunged to USD 1,717/mt, and closed at USD 1,725/mt, down USD 48.5/mt.

Oct 22, 2015 09:55

SMM Comments

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

SMM Morning Review - 2012/5/3 Zinc Market

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025