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Home / Metal News / SMM Zinc Price Forecast (Oct.15-19)

SMM Zinc Price Forecast (Oct.15-19)

Oct 15, 2012 16:09

Source:SMM

The US dollar index finally met resistance after rising over the past week, and is expected to fluctuate around 80 in the near-term.

SHANGHAI, Oct. 15 (SMM) – The US dollar index finally met resistance after rising over the past week, and is expected to fluctuate around 80 in the near-term. Spain’s debt problems will continue to dominate markets, but China’s September CPI and 3Q GDP to be released in the coming week are also expected to be disappointing. Zinc prices should fluctuate weakly in the coming week, with LME zinc prices moving between USD 1,930-1,970/mt, and SHFE three-month zinc contract prices between RMB 15,000-15,300/mt, with spot discounts of RMB 200-260/mt.

SHFE zinc prices

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SHFE 1605 zinc contract prices opened at RMB 14,360/mt on Thursday evening and closed at RMB 14,395/mt, up RMB 100/mt.

Mar 3, 2016 20:17

SMM Comments

87% Chinese Investors Neutral toward Zinc, SMM Survey

SMM survey of 30 industry insiders finds that about 87% are neutral.

Mar 1, 2016 09:15

SMM Comments

SMM Base Metals Market Daily Review (2015-7-31)

Last Friday, SHFE 1510 copper contract moved around RMB 39,350/mt during daytime trading.

Aug 3, 2015 11:19

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] SHFE Zinc Prices Closed with Declines (Jul. 23, 2015)

SHFE 1509 zinc contract prices hovered between RMB 15,130-15,200/mt Wednesday evening, and closed at RMB 15,165/mt, down RMB 225/mt.

Jul 23, 2015 16:31

SMM Comments

[Base Metal] SMM Base Metals Market Daily Review (2015-7-22)

SHFE 1509 copper advanced to RMB 40,110/mt after opening Tuesday evening session at RMB 39,850/mt.

Jul 23, 2015 09:40

SMM Comments

[Zn Price] SMM Zinc Market Daily Review (2015-7-20)

SHFE 1509 zinc contract prices opened at RMB 15,625/mt last Friday evening, then hovered between RMB 15,600-15,680/mt, and closed at RMB 15,650/mt, down RMB 15/mt or 0.1%.

Jul 21, 2015 09:03

SMM Comments

SHFE Zinc Prices Closed with Losses (Jun. 30, 2015)

SHFE 1509 zinc contract prices opened at RMB 15,410/mt, then fluctuated between RMB 15,350-15,420/mt, and closed at RMB 15,410/mt, down RMB 95/mt or 0.61%.

Jun 30, 2015 17:35

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

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SMM Zinc Price Forecast (Oct.15-19)

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NET ZERO EUROPE - Solar & Energy Storage Summit

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