Zinc to Consolidate at Highs (2016-11-14)-Shanghai Metals Market

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Home > News > Price Review & Forecast > Zinc to Consolidate at Highs (2016-11-14)

Zinc to Consolidate at Highs (2016-11-14)

Price Review & Forecast 09:47:10AM Nov 14, 2016 Source:SMM

SHANGHAI, Nov. 14 (SMM) – Value added at China’s large industrials in October, and consumer goods retail sales due for release this morning are expected to be upbeat.

LME zinc will move between USD 2,470-2,520/mt today, and SHFE 1701 zinc should fluctuate between RMB 20,400-20,900/mt today, with spot premiums of RMB 40-50/mt against SHFE 1701 zinc.

Key Words: zinc prices

Price

1# Zinc

Apr.24

21690.0

-160.0

(-0.73%)

0# Zinc

Apr.24

21760.0

-160.0

(-0.73%)

T/C for domestic zinc concentrate

Apr.01

6350.0

200.0

(3.25%)

T/C for imported zinc concentrate

Apr.01

240.0

5.0

(2.13%)

Zinc Alloy (Zamak3/ZX01)

Apr.24

22660.0

-160.0

(-0.70%)

Zinc to Consolidate at Highs (2016-11-14)

Price Review & Forecast 09:47:10AM Nov 14, 2016 Source:SMM

SHANGHAI, Nov. 14 (SMM) – Value added at China’s large industrials in October, and consumer goods retail sales due for release this morning are expected to be upbeat.

LME zinc will move between USD 2,470-2,520/mt today, and SHFE 1701 zinc should fluctuate between RMB 20,400-20,900/mt today, with spot premiums of RMB 40-50/mt against SHFE 1701 zinc.

Key Words: zinc prices