2016 SMM Summit: What Fundamental Factors will Affect Zinc Prices in 2017?-Shanghai Metals Market

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2016 SMM Summit: What Fundamental Factors will Affect Zinc Prices in 2017?

SMM Insight 09:47:33AM Nov 15, 2016 Source:SMM

SHANGHAI, Nov. 15 (SMM) - There will be positive and negative fundamental factors affecting zinc prices in 2017, SMM said at the 2016 SMM Summit.

Positive factors include resource exhaustion overseas, sliding TCs, falling zinc inventories, sharp decline in domestic zinc concentrate inventories and large upward room for galvanizing industry, SMM said.

However, structural reform in China will curb zinc demand growth. Besides, increasing new zinc smelting capacities coming online in 2016 will be a drag on zinc prices. Mines will restart after zinc prices rise, SMM added. 

2016 SMM Summit: Zinc Consumption to Slow in China but Improve in Other Countries in 2017

2016 SMM Summit: LME Zinc to Average $2,200 per tonne in 2017

2016 SMM Summit: China Refined Zinc Output to Slide in 2016

Collections of Stories in Base Metal Market at SMM 2016 Annual Summit

 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Price

more
1# Zinc
Apr.18
21860.0
-200.0
(-0.91%)
0# Zinc
Apr.18
21930.0
-200.0
(-0.90%)
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.18
22830.0
-200.0
(-0.87%)

2016 SMM Summit: What Fundamental Factors will Affect Zinc Prices in 2017?

SMM Insight 09:47:33AM Nov 15, 2016 Source:SMM

SHANGHAI, Nov. 15 (SMM) - There will be positive and negative fundamental factors affecting zinc prices in 2017, SMM said at the 2016 SMM Summit.

Positive factors include resource exhaustion overseas, sliding TCs, falling zinc inventories, sharp decline in domestic zinc concentrate inventories and large upward room for galvanizing industry, SMM said.

However, structural reform in China will curb zinc demand growth. Besides, increasing new zinc smelting capacities coming online in 2016 will be a drag on zinc prices. Mines will restart after zinc prices rise, SMM added. 

2016 SMM Summit: Zinc Consumption to Slow in China but Improve in Other Countries in 2017

2016 SMM Summit: LME Zinc to Average $2,200 per tonne in 2017

2016 SMM Summit: China Refined Zinc Output to Slide in 2016

Collections of Stories in Base Metal Market at SMM 2016 Annual Summit

 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.