Zinc to Experience Big Volatility Next Week, SMM Predicts-Shanghai Metals Market

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Zinc to Experience Big Volatility Next Week, SMM Predicts

SMM Insight 06:02:55PM Nov 18, 2016 Source:SMM

SHANGHAI, Nov. 18 (SMM) - LME Zinc is expected to see increasing volatility and move between $2,480-2,580 per tonne next week, SMM predicts.

SHFE January zinc will fluctuate between 20,300-21,100 yuan per tonne. 

The likelihood of a Fed rate hike is increasing. This, coupled with strict regulations on futures market by Chinese government, will allow base metals to remain range-bound. 

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

Price

more
1# Zinc
Apr.19
21820.0
-40.0
(-0.18%)
0# Zinc
Apr.19
21890.0
-40.0
(-0.18%)
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.19
22790.0
-40.0
(-0.18%)

Zinc to Experience Big Volatility Next Week, SMM Predicts

SMM Insight 06:02:55PM Nov 18, 2016 Source:SMM

SHANGHAI, Nov. 18 (SMM) - LME Zinc is expected to see increasing volatility and move between $2,480-2,580 per tonne next week, SMM predicts.

SHFE January zinc will fluctuate between 20,300-21,100 yuan per tonne. 

The likelihood of a Fed rate hike is increasing. This, coupled with strict regulations on futures market by Chinese government, will allow base metals to remain range-bound. 

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