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Home / Metal News / SHFE Zinc to Weaken (2016-8-2)

SHFE Zinc to Weaken (2016-8-2)

Aug 2, 2016 09:20

Source:SMM

US core PCE Price Index in June is expected to remain flat at May’s.

SHANGHAI, Aug. 2 (SMM) – US core PCE Price Index in June is expected to remain flat at May’s. The US dollar index will rise. LME zinc is expected to hover between USD 2,240-2,280/mt today. SHFE 1610 zinc should fluctuate between RMB 17,250-17,450/mt today, and spot #0 zinc prices will trade RMB 30-10/mt below SHFE 1609 zinc.

SHFE zinc prices

LME zinc prices

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Feb 10, 2017 19:26

SMM Comments

SHFE 1703 Zinc Closes with Gains (2017-2-10)

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Feb 8, 2017 09:23

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LME Zinc to Remain Range-Bound (2017-2-8)

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US December trade data slated for release today are expected to top November’s and support the US dollar index.

Feb 7, 2017 09:16

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LME Zinc to Remain Range-Bound (2017-2-7)

LME Zinc to Remain Range-Bound (2017-2-6)

US January LMCI will be released today. The US dollar index will edge up further.

Feb 6, 2017 09:34

SMM Comments

LME Zinc to Remain Range-Bound (2017-2-6)

SHFE 1703 Zinc Closes with Declines (2017-2-3)

The People’s Bank of China (PBOC) raised reverse repurchase interest rate by 10 basis points today and also hiked SLF interest rate with those for overnight products up 35 basis points to 3.1%. This g

Feb 3, 2017 17:09

SMM Comments

SHFE 1703 Zinc Closes with Declines (2017-2-3)

SHFE 1703 Zinc Closes with Gains (2017-1-23)

SHFE 1703 zinc opened at RMB 22,305/mt today, and surged to RMB 22,900/mt, moving in RMB 80/mt range. SHFE 1703 zinc closed at RMB 22,815/mt, up RMB 460/mt or 2.06%.

Jan 23, 2017 19:27

SMM Comments

SHFE 1703 Zinc Closes with Gains (2017-1-23)

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

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

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

Jul 14, 2016 09:03

SMM Comments

SHFE Zinc Prices Close with Declines (2016-7-6)

SHFE 1609 zinc opened at RMB 16,570/mt last evening, and closed at RMB 16,390/mt, down RMB 115/mt.

Jul 6, 2016 16:46

SMM Comments

SHFE Zinc Prices Close with Increases (2016-7-1)

SHFE 1609 zinc opened at RMB 16,445/mt last evening, and closed at RMB 16,395/mt, up RMB 30/mt.

Jul 1, 2016 19:05

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SHFE Zinc to Weaken (2016-8-2)

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