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Home / Metal News / SHFE Zinc to Strengthen (2016-8-17)

SHFE Zinc to Strengthen (2016-8-17)

Aug 17, 2016 09:28

Source:SMM

The Shenzhen-Hong Kong stock link plan was approved, allowing the Shanghai Composite Index to rebound and boosting risk appetite.

SHANGHAI, Aug. 17 (SMM) – The Shenzhen-Hong Kong stock link plan was approved, allowing the Shanghai Composite Index to rebound and boosting risk appetite. LME zinc is expected to move between 2,240-2,270/mt today. SHFE 1610 zinc should fluctuate between RMB 17,250-17,400/mt today, and spot #0 zinc prices will trade RMB 30-10/mt below SHFE 1610 zinc.

SHFE zinc prices

LME zinc prices

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LME zinc market will be closed next Monday and is expected to remain range-bound next week, moving in $1,850-1,920 per tonne range.

May 27, 2016 15:10

SMM Insight

LME Zinc to Fluctuate Wildly Next Week

LME zinc is expected to fluctuate widely between $1,830-1,950 per tonne next week, SMM says, citing selling pressure.

May 13, 2016 15:43

SMM Insight

LME Zinc to Hover at Lows Next Week

LME zinc will fluctuate between $1,750-1,830 per tonne next week, constrained by the strong US dollar index, SMM says.

Mar 25, 2016 15:36

SMM Insight

SHFE Zinc to Remain Range-Bound (2016-3-22)

Eurozone flash March PMI will be announced today.

Mar 22, 2016 09:48

SMM Comments

LME Zinc to Range Narrowly (2016-2-15)

LME zinc is predicted to range USD 1,690-1,720/mt during Asian trading hours on Monday.

Feb 15, 2016 10:32

SMM Comments

SHFE Zinc Prices Closed with Losses (Dec. 9, 2015)

SHFE 1602 zinc contract prices opened at RMB 12,490/mt Tuesday evening, and dipped to RMB 12,430/mt, but found support from RMB 12,500/mt, and closed the day at RMB 12,625/mt, down RMB 25/mt.

Dec 9, 2015 17:32

SMM Comments

SHFE Zinc Prices Closed with Sharp Drop (Nov. 17, 2015)

SHFE 1601 zinc contract prices opened at RMB 12,935/mt Monday evening, then inched down to RMB 12,830/mt, and closed at RMB 12,785/mt, down RMB 225/mt.

Nov 17, 2015 17:09

SMM Comments

SMM Zinc Market Daily Review (2015-11-13)

SHFE 1601 zinc contract prices opened at RMB 12,870/mt Thursday evening, then touched a high of RMB 13,125/mt, and closed at RMB 13,005/mt, up RMB 75/mt.

Nov 16, 2015 09:51

SMM Comments

[Zn Price] SMM Zinc Market Morning Review (2015-7-29)

US economic indicators released last night was sluggish.

Jul 29, 2015 09:46

SMM Comments

[Zn Price] SMM Zinc Market Morning Review (2015-7-27)

Major economic news released last Friday overshadowed the market.

Jul 27, 2015 10:46

SMM Comments

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SHFE Zinc to Strengthen (2016-8-17)

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