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Home / Metal News / SHFE Zinc to Rally Slightly (2016-12-21)

SHFE Zinc to Rally Slightly (2016-12-21)

Dec 21, 2016 09:22

Source:SMM

US existing home sales in November are expected to fall short of October’s.

SHANGHAI, Dec. 21 (SMM) – US existing home sales in November are expected to fall short of October’s. LME zinc will hover between USD 2,610-2,650/mt today, and SHFE 1702 zinc should fluctuate between RMB 21,200-21,500/mt today, with spot premiums of RMB 0-50/mt against SHFE 1702 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

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SHFE 1710 zinc opened at RMB 24,420/mt today and then hovered around RMB 24,420/mt.

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SHFE 1710 Zinc Closes with Declines (2017-8-10)

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SHFE 1706 zinc opened at RMB 21,730/mt today and then edged down to RMB 21,680/mt.

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Base metals weakened last Friday. LME zinc will hover between USD 2,730-2,790/mt today, and SHFE 1702 zinc should fluctuate between RMB 22,300-22,800/mt today, with spot discounts of RMB 50-20/mt agai

Dec 19, 2016 09:31

SMM Comments

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Main sea freight index at Baltic Exchange falls further to 1,069 points

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Industry

SHFE 1702 Zinc Closes with Declines (2016-12-12)

SHFE 1702 zinc pulled up to RMB 22,860/mt after opening and reached RMB 22,985/mt due to rising rebar and yuan’s devaluation.

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SMM Comments

China Zinc Concentrate TCs Continue Falling, SMM Reports

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Dec 9, 2016 19:59

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SHFE Zinc to Rally Slightly (2016-12-21)

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