Home / Metal News / SHFE Zinc to Strengthen (2016-4-18)

SHFE Zinc to Strengthen (2016-4-18)

iconApr 18, 2016 09:32
The meeting on crude oil free issue in Doha failed to reach an agreement.

SHANGHAI, Apr. 18 (SMM) – The meeting on crude oil free issue in Doha failed to reach an agreement. Crude oil plunged by around 6% after opening during Asian trading hours. LME zinc is expected to move between USD 1,850-1,900/mt today. SHFE 1606 zinc should fluctuate between RMB 14,800-15,150/mt today, and spot #0 zinc prices will trade RMB 80-50/mt below SHFE 1606 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-18)


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

SMM Events & Webinars

All