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 / Shanghai Zinc to Fluctuate Narrowly (2016-2-4)

Shanghai Zinc to Fluctuate Narrowly (2016-2-4)

Feb 4, 2016 10:48

Base metals strengthened overnight on slumping US dollar index.

SHANGHAI, Feb. 4 (SMM) – Base metals strengthened overnight on slumping US dollar index. LME zinc is expected to fluctuate between USD 1,680-1,710/mt today. SHFE 1604 zinc will consolidate at RMB 13,500-13,700/mt today.

See forecast for other base metals, please click: Shanghai Base Metal Price to Keep Firm ahead of Holiday, SMM Says

Spot #0 zinc prices will trade RMB 180-80/mt below SHFE 1603 zinc contract prices.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-4)

SHFE zinc prices

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

Related news

SHFE Zinc to Strengthen (2016-8-4)

UK’s manufacturing PMI fell sharply.

Aug 4, 2016 09:16

SMM Comments

LME Zinc to Hold Strong (2016-7-20)

LME zinc will move at highs of USD 2,220-2,250/mt on Wednesday.

Jul 20, 2016 09:27

SMM Comments

SHFE Zinc to Fluctuate Widely (2016-5-13)

LME zinc is expected to fluctuate between USD 1,850-1,900/mt today.

May 13, 2016 09:21

SMM Comments

SHFE Zinc to Face Pressure (2016-4-19)

A strike by Kuwait petroleum workers is expected to boost crude oil and in turn drive up base metals.

Apr 19, 2016 09:58

SMM Comments

Only 10% Chinese Investors Bullish toward Zinc, SMM Survey

SMM survey of over 30 industry insiders finds that 60% are neutral toward zinc price trends this week, expecting LME zinc to hover between USD 1,670-1,730/mt.

Feb 16, 2016 10:53

SMM Comments

LME Zinc to Strengthen Next Week

LME zinc is expected to remain strong and fluctuate between $1,680-1,780 per tonne next week, SMM says.

Feb 5, 2016 11:53

SMM Insight

Shanghai Zinc to Consolidate Narrowly (2016-2-5)

The US dollar index fell further, bolstering base metals.

Feb 5, 2016 09:29

SMM Comments

SHFE Zinc Prices Close with Gains (Dec. 17, 2015)

SHFE 1602 zinc contract prices opened at RMB 12,625/mt Wednesday evening, then plunged to RMB 12,485/mt.

Dec 17, 2015 17:47

SMM Comments

SHFE Zinc to Move at RMB 12,450-12,650/mt (2015-12-7)

The market will continue to absorb US strong non-farm payrolls and news that OPEC members will raise daily oil production.

Dec 7, 2015 10:20

SMM Comments

SMM Zinc Market Morning Review (2015-11-13)

LME zinc prices opened at USD 1,622/mt on Thursday, and fell to USD 1,585.5/mt in Europe and US trade session, but rallied later on and closed at USD 1,611/mt, down USD 16/mt.

Nov 13, 2015 09:55

SMM Comments

SMM Events & Webinars

All

Mar
25
- 2026 SMM (21th) Lead & Zinc Conference and Industry Expo
  Mar 25 - 27,2026
  Chengdu, China
Apr
06
- 2026 (3rd) NET ZERO MEA - Solar & Energy Storage Summit
  Apr 06 - 07,2026
  Join us in Dubai to forge the partnerships that will power our future.
  DUBAI, UAE
Apr
08
- CLNB 2026 - The 11th New Energy Industry Chain Expo
  Apr 08 - 10,2026
  Suzhou,China

Shanghai Zinc to Fluctuate Narrowly (2016-2-4)

SMM Events & Webinars

2026 SMM (21th) Lead & Zinc Conference and Industry Expo

2026 (3rd) NET ZERO MEA - Solar & Energy Storage Summit

CLNB 2026 - The 11th New Energy Industry Chain Expo