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Home / Metal News / SHFE Zinc to Hover at Highs (2016-10-20)

SHFE Zinc to Hover at Highs (2016-10-20)

Oct 20, 2016 09:20

Source:SMM

The European Central Bank is expected to leave interest rate unchanged, and will decide whether to prolong quantitative easing policy in late December.

SHANGHAI, Oct. 20 (SMM) – The European Central Bank is expected to leave interest rate unchanged, and will decide whether to prolong quantitative easing policy in late December. LME zinc will fluctuate between USD 2,300-2,330/mt today, and SHFE 1612 zinc should hover between RMB 18,100-18,300/mt today, with spot premiums of RMB 120-150/mt against SHFE 1612 zinc.

Zinc

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SMM Comments

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

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Jul 19, 2021 18:00

SMM Comments

SMM Evening Comments (Jul 19): Shanghai nonferrous metals ended mixed as investors monitored virus and digested OPEC deal

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

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SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

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Jul 16, 2021 10:00

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SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

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Shanghai base metals traded mixed on Thursday morning as traders reacted to hotter-than-expected US and UK inflation figures and comments from Fed Chairman Jerome Powell. Meanwhile, their counterparts on the LME fell for the most part.

Jul 15, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 15): Shanghai base metals were mixed as traders digested inflation data, Fed comments

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Shanghai base metals advanced across the board on Monday morning as investors continued to monitor the Covid situation regionally. Meanwhile, their counterparts on the LME also rose for the most part.

Jul 12, 2021 10:00

SMM Comments

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Jul 5, 2021 10:00

SMM Comments

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SMM Comments

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SMM Comments

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SHFE Zinc to Hover at Highs (2016-10-20)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

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