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Home / Metal News / SHFE Zinc to Hover in Narrow Range (2016-3-29)

SHFE Zinc to Hover in Narrow Range (2016-3-29)

Mar 29, 2016 09:38

SHFE 1605 zinc opened at RMB 14230/mt overnight, and closed at RMB 14,320/mt.

SHANGHAI, Mar. 29 (SMM) – SHFE 1605 zinc opened at RMB 14230/mt overnight, and closed at RMB 14,320/mt.

LME zinc will fluctuate between RMB 1,790-1,820/mt today, and SHFE 1605 zinc should fluctuate between RMB 14,200-14,380/mt. Spot #0 zinc prices will trade RMB 100-60/mt below SHFE 1605 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-29)

SHFE 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.

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SHFE 1604 zinc contract prices opened at RMB 13,660/mt on Tuesday evening and closed at RMB 13,655/mt, down RMB 60/mt.

Feb 17, 2016 19:10

SMM Comments

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

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

SMM Zinc Market Daily Review (2015-10-26)

SHFE 1512 zinc contract prices opened at RMB 14,215/mt last Friday evening, then fell to RMB 14,020/mt and closed at RMB 14,020/mt, up RMB 20/mt.

Oct 27, 2015 10:07

SMM Comments

SHFE Zinc Prices Closed Up (Oct. 26, 2015)

SHFE 1512 zinc contract prices opened at RMB 14,215/mt last Friday evening, then fell to RMB 14,020/mt and closed at RMB 14,020/mt, up RMB 20/mt.

Oct 26, 2015 18:39

SMM Comments

SHFE Zinc Prices Closed Up (Oct. 21, 2015)

SHFE 1512 zinc contract prices opened at RMB 14,250/mt Tuesday evening, and touched RMB 14,370/mt but fell back and closed at RMB 14,295/mt, up RMB 85/mt.

Oct 21, 2015 18:08

SMM Comments

SHFE 1507 Zinc Inches up 0.27% (2015-4-30)

SHFE 1507 zinc contract opened at RMB 16,870/mt for Wednesday’s night session and met resistance at RMB 17,000/mt. That being said, buying activities grew with positions up 12,214.

Apr 30, 2015 17:50

SMM Comments

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SHFE Zinc to Hover in Narrow Range (2016-3-29)

SMM Events & Webinars

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