LME Zinc to Move around USD 1,550/mt (2015-11-30)

Published: Nov 30, 2015 10:20
LME zinc prices are expected to move between USD 1,535-1,565/mt today.

SHANGHAI, Nov. 30 (SMM) – LME zinc prices are expected to move between USD 1,535-1,565/mt today. SHFE 1602 zinc contract prices will fluctuate between RMB 12,600-12,800/mt.

See forecast for other base metals, please click: Declines to Return in Base Metal Market This Week, SMM Says

In China’s spot markets, zinc smelters will sell modestly. But goods releases from hedge traders will keep supplies sufficient, constraining spot premiums between RMB 180-250/mt against SHFE 1601 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2015-11-30)


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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn