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Home / Metal News / SHFE Zinc to Fluctuate Weakly (2016-11-30)

SHFE Zinc to Fluctuate Weakly (2016-11-30)

Nov 30, 2016 09:55

Source:SMM

OPEC meeting today and a series of US economic data will keep market cautious.

SHANGHAI, Nov. 30 (SMM) – OPEC meeting today and a series of US economic data will keep market cautious. LME zinc will hover between USD 2,710-2,770/mt today, and SHFE 1701 zinc should fluctuate between RMB 22,600-23,000/mt today, with spot premiums of RMB 60-90/mt against SHFE 1701 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

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After SHFE zinc prices rose, traders mostly took a wait-and-see attitude in the spot market, SMM reported.

Aug 30, 2017 18:18

Industry

Rising SHFE Zinc Distress Trading in Shanghai, SMM Reports

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Eurozone CPI due for release today is promising.

Jun 30, 2017 09:37

SMM Comments

SHFE Zinc to Stay Range-Bound (2017-6-16)

LME zinc closed with gains but lacked upward momentum.

Jun 16, 2017 09:29

SMM Comments

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SHFE Zinc to Fall Further (2017-6-6)

Sentix Investor Confidence Index for eurozone in June and eurozone April retail sales due for release today are not promising, and will weigh on zinc.

Jun 6, 2017 09:38

SMM Comments

SHFE 1707 Zinc Closes Lower (2017-5-26)

SHFE 1707 zinc opened at RMB 22,215/mt today and then hovered around RMB 22,230/mt.

May 26, 2017 19:14

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SMM 2017 Lead & Zinc Summit: Will Zinc Concentrate Remain in Deficit in 2017?

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May 22, 2017 15:48

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SHFE 1707 Zinc Closes with Declines (2017-5-15)

SHFE 1707 zinc opened at RMB 21,530/mt today and rose to RMB 21,610/mt, and then hovered around RMB 21,570/mt.

May 15, 2017 17:52

SMM Comments

SHFE 1707 Zinc Closes with Gains (2017-5-10)

SHFE 1707 zinc opened at RMB 21,680/mt today and then edged down to RMB 21,600/mt, and climbed to RMB 21,710/mt after some longs increased positions.

May 10, 2017 18:00

SMM Comments

SHFE 1707 Zinc Closes with Gains (2017-5-9)

SHFE 1707 zinc opened at RMB 21,510/mt today and edged up to RMB 21,570/mt, and hovered around RMB 21,470/mt after entery of shorts.

May 9, 2017 17:05

SMM Comments

SHFE 1707 Zinc Closes with Gains (2017-5-9)

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LME zinc will move between USD 2,570-2,620/mt today.

May 9, 2017 09:09

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SHFE Zinc to Fluctuate Weakly (2016-11-30)

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