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 / SHFE Zinc to be Range-Bound (2016-6-23)

SHFE Zinc to be Range-Bound (2016-6-23)

Jun 23, 2016 09:20

The market will be cautious as the referendum on a possible Brexit will be implemented today.

SHANGHAI, Jun. 23 (SMM) – The market will be cautious as the referendum on a possible Brexit will be implemented today. LME zinc is expected to move between USD 2,030-2,060/mt today. SHFE 1608 zinc should consolidate at RMB 15,700-15,850/mt today, and spot #0 zinc prices will trade RMB 30-10/mt below SHFE 1608 zinc.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-23)

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 Stabilize (2016-9-8)

The European Central Bank is expected to leave rate unchanged today.

Sep 8, 2016 09:37

SMM Comments

SHFE 1611 zinc Closes Higher (2016-8-31)

SHFE 1610 zinc opened at RMB 17,895/mt overnight, and closed at RMB 17,985/mt, up RMB 120/mt.

Aug 31, 2016 17:30

SMM Comments

SHFE Zinc to Consolidate at Highs (2016-8-11)

China’s July credit loans are expected to fall short of market expectations.

Aug 11, 2016 09:32

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 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

LME Zinc to Move between USD 1,520-1,550/mt (2015-11-24)

LME zinc prices are expected to move between USD 1,520-1,550/mt today. SHFE 1601 zinc contract prices will hover between RMB 12,400-12,600/mt.

Nov 24, 2015 09:52

SMM Comments

SHFE Zinc Prices Closed with Gains (Nov. 20, 2015)

SHFE 1601 zinc contract prices opened at RMB 12,000/mt Thursday evening, then dipped to RMB 11,815/mt due to selling pressure, and closed at RMB 12,120/mt, down RMB 70/mt.

Nov 20, 2015 19:25

SMM Comments

SMM Zinc Market Daily Review (2015-11-18)

SHFE 1601 zinc contract prices opened at RMB 12,680/mt Tuesday evening, then inched up to RMB 12,775/mt, and closed at RMB 12,585/mt, down RMB 95/mt.

Nov 19, 2015 09:45

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 Zinc Market Morning Review (2015-10-30)

LME zinc prices opened at USD 1,736/mt on Thursday, then dropped to a low of RMB 1,702.5/mt, and closed at USD 1,704.5/mt, down USD 32.5/mt or 1.87%.

Oct 30, 2015 10:08

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

SHFE Zinc to be Range-Bound (2016-6-23)

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