Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SHFE Zinc to Fall Back (2016-7-14)

SHFE Zinc to Fall Back (2016-7-14)

Jul 14, 2016 09:03

Source:SMM

The Bank of UK is expected to lower interest rate by 25 basis points today.

SHANGHAI, Jul. 14 (SMM) – The Bank of UK is expected to lower interest rate by 25 basis points today. LME zinc is expected to fluctuate between USD 2,150-2,200/mt today. SHFE 1609 zinc should fall to RMB 16,800-17,000/mt today, and spot #0 zinc prices will trade RMB 80-40/mt below SHFE 1609 zinc.

SHFE zinc prices

LME zinc prices

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

LME zinc will consolidate between USD 2,760-2,800/mt today, and SHFE 1705 zinc should fluctuate between moving averages and find support from the 60-day moving average, hovering between RMB 22,850-23,

Apr 6, 2017 09:18

SMM Comments

SHFE Zinc Prices to Experience Corrections (2017-4-6)

SHFE Zinc Prices to Stay Range-Bound (2017-3-6)

LME zinc will move between USD 2,760-2,810/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,500-22,900/mt today, with spot prices RMB 110-80/mt below SHFE 1704 zinc.

Mar 6, 2017 09:47

SMM Comments

SHFE Zinc Prices to Stay Range-Bound (2017-3-6)

SHFE 1702 Zinc Closes with Losses (2016-12-27)

Profit at China’s large industrials was upbeat in November, helping base metals stabilize.

Dec 27, 2016 17:02

SMM Comments

SHFE Zinc to Remain Range-Bound (2016-12-2)

US November non-farm employment due for release today is promising, which will support the US dollar index.

Dec 2, 2016 09:29

SMM Comments

Zinc to Consolidate at Highs Next Week, SMM Says

LME zinc is expected to hover at highs between $2,250-2,320 per tonne next week, and SHFE October zinc will trade between 17,300-17,900 yuan per tonne, SMM foresees.

Aug 19, 2016 13:34

SMM Insight

SHFE 1610 zinc Closes with Gains (2016-8-16)

LME zinc closed at USD 2,263.5/mt yesterday.

Aug 16, 2016 17:33

SMM Comments

About 23% Chinese Investors Bullish toward Zinc, SMM Survey

SMM survey of 30 industry insiders finds that 50% are neutral, expecting LME zinc to fluctuate between USD 2,230-2,290/mt and SHFE 1609 zinc to fluctuate between RMB 17,200-17,600/mt.

Jul 26, 2016 10:14

SMM Comments

LME Zinc to Fall Initially before Rallying Next Week

LME zinc is expected to weaken early next week but then rally, moving in the $1,980-2,080 per tonne range, SMM predicts.

Jun 17, 2016 15:27

SMM Insight

47% Chinese Investors Bullish toward Zinc Price, SMM Survey

SMM survey of 30 industry insiders finds that about 47% are bullish toward zinc price trends this week, expecting LME zinc to challenge USD 2,050/mt.

Jun 7, 2016 09:36

SMM Comments

SHFE Zinc to Fluctuate at Highs (2016-4-5)

Crude oil price weakened.

Apr 5, 2016 09:39

SMM Comments

SMM Events & Webinars

All

Oct
29
- APAC TIN INDUSTRY CONFERENCE 2024
  Oct 29 - 30,2024
  Shenzhen·Guangdong·China
Nov
05
- APAC (9th) Stainless Steel Industry Conference 2024
  Nov 05 - 07,2024
  Fujian, China
Nov
24
- 2024 SMM Middle East Secondary Metal Filed Trip
  Nov 24 - Dec 01,2024
  UAE

SHFE Zinc to Fall Back (2016-7-14)

SMM Events & Webinars

APAC TIN INDUSTRY CONFERENCE 2024

APAC (9th) Stainless Steel Industry Conference 2024

2024 SMM Middle East Secondary Metal Filed Trip