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Home / Metal News / SHFE Zinc to Fluctuate Narrowly (2016-12-7)

SHFE Zinc to Fluctuate Narrowly (2016-12-7)

Dec 7, 2016 09:17

Source:SMM

Industry output in UK and Germany in October due for release today is promising, pointing to stabilizing economy in the eurozone.

SHANGHAI, Dec. 7 (SMM) – Industry output in UK and Germany in October due for release today is promising, pointing to stabilizing economy in the eurozone. LME zinc will hover between USD 2,770-2,830/mt today, and SHFE 1702 zinc should fluctuate between RMB 22,950-23,500/mt today, with spot premiums of RMB 20-60/mt against SHFE 1701 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

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China’s output of ten nonferrous metals increased 7.2% year-on-year to 27.60 million tonnes in the first half of 2017, with growth up 7.1 percentage points year-on-year, according to National Developm

Jul 31, 2017 11:21

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Eurozone CPI and unemployment rate will be released today.

Jul 31, 2017 09:36

SMM Comments

LME Zinc to Remain Range-Bound (2017-7-31)

SHFE 1709 Zinc Closes Higher (2017-7-25)

SHFE 1709 zinc opened at RMB 23,040/mt today and then reached RMB 23,160/mt, but fell later on and strengthened to RMB 23,170/mt.

Jul 25, 2017 17:50

SMM Comments

SHFE 1709 Zinc Closes Higher (2017-7-25)

Zinc Spot Discounts Expand in Shanghai, Trade Slackens, SMM Reports

Spot discounts for regular #0 zinc expand 30 yuan per tonne in Shanghai market over August zinc on the Shanghai Futures Exchange (SHFE) on July 25.

Jul 25, 2017 13:45

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Zinc Spot Discounts Expand in Shanghai, Trade Slackens, SMM Reports

China Zinc Concentrate TCs Left Untouched, SMM Reports

TCs of domestic zinc concentrate (50%) were mainly traded at 3,900-4,400 yuan per tonne (zinc content) last week, almost unchanged on a weekly basis, according to SMM data.

Jul 24, 2017 13:32

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What Expands Zinc Price Spread Remarkably between Shanghai and Tianjin? SMM Reports

Premiums on #0 zinc in Tianjin expanded from 50 to 200 yuan per tonne over Shanghai prices July 20, SMM noted. The price spread on Zijin #0 zinc between the two regions widened to 250 yuan per tonne.

Jul 20, 2017 18:27

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What Expands Zinc Price Spread Remarkably between Shanghai and Tianjin? SMM Reports

SHFE 1709 Zinc Closes Lower (2017-7-19)

SHFE 1709 zinc opened at RMB 22,955/mt today and then hovered around RMB 22,870/mt, and strengthened after dipping to RMB 22,790/mt.

Jul 19, 2017 17:42

SMM Comments

SHFE 1706 Zinc Sees Price Gains (2017-5-2)

SHFE 1706 zinc opened at RMB 22,100/mt today and then edged up to RMB 22,565/mt.

May 2, 2017 17:02

SMM Comments

SHFE 1706 Zinc Sees Price Gains (2017-5-2)

Zinc Prices to Fluctuate in Narrow Range This Week, SMM Foresees

Zinc prices are expected to hover in a small range this week, SMM foresees.

May 2, 2017 13:37

SMM Insight Industry

Zinc Prices to Fluctuate in Narrow Range This Week, SMM Foresees

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The Reserve Bank of Australia’s interest rate decision, eurozone manufacturing PMI and eurozone March unemployment rate due for release today are promising, and will boost LME zinc.

May 2, 2017 09:37

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SHFE Zinc to Fluctuate Narrowly (2016-12-7)

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