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Home / Metal News / Zinc Price to Rally This Week, SMM Predicts

Zinc Price to Rally This Week, SMM Predicts

Feb 24, 2017 19:12

Source:SMM

Zinc prices are expected to rally in the coming week, SMM foresees.

SHANGHAI, Feb. 24 (SMM) – Zinc prices are expected to rally this week, SMM foresees.

LME zinc will move between $2,780-2,880 per tonne next week, SMM predicts. SHFE April zinc will hover between 22,800-23,800 yuan per tonne.

2017’s international term zinc concentrate negotiations will give some support to zinc prices, SMM said.

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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)

LME Zinc to Receive a Boost (2017-5-2)

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

SMM Comments

Zinc Price to Fall This Week, SMM Predicts

Zinc prices are expected to inch down this week, SMM foresees.

Apr 17, 2017 10:23

SMM Insight Industry

Zinc Price to Fall This Week, SMM Predicts

SHFE Zinc Prices to Remain Range-Bound (2017-4-14)

The LME market was closed during April 14-15 due to the Easter Holiday.

Apr 14, 2017 09:29

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-4-14)

SHFE 1706 Zinc Closes with Gains (2017-4-13)

SHFE 1705 zinc opened at RMB 21,495/mt today. As longs entered the market, SHFE 1706 zinc edged up but met pressure from RMB 21,820/mt. In the afternoon, SHFE 1706 zinc rallied and closed at RMB 21,72

Apr 13, 2017 18:22

SMM Comments

SHFE 1704 Zinc Closes with Losses (2017-2-17)

SHFE 1704 zinc fluctuated around RMB 23,430/mt after opening today. In the afternoon, prices fell to RMB 23,135/mt and then rose to RMB 23,280/mt, and closed at RMB 23,280/mt, down RMB RMB 275/mt or 1

Feb 17, 2017 20:05

SMM Comments

SHFE 1704 Zinc Closes with Losses (2017-2-17)

LME Zinc to Stay Range-Bound (2017-2-17)

LME zinc will move between USD 2,840-2,890/mt today, and SHFE 1704 zinc should fluctuate between RMB 23,250-23,600/mt today, with spot prices RMB 120-100/mt below SHFE 1704 zinc.

Feb 17, 2017 09:40

SMM Comments

LME Zinc to Stay Range-Bound (2017-2-17)

SHFE 1703 Zinc Closes with Gains (2017-2-7)

SHFE 1703 zinc opened at RMB 22，430/mt today, and then dipped to RMB 22,525/mt. In the afternoon, SHFE 1703 zinc reached RMB 22,795/mt, and closed at RMB 22,675/mt, up RMB 60/mt or 0.27%.

Feb 7, 2017 17:31

SMM Comments

SHFE 1703 Zinc Closes with Gains (2017-2-7)

LME Zinc to Fluctuate at Highs (2017-1-24)

US December existing home sales and eurozone January manufacturing PMI due for release today will fall short of November, dragging down the US dollar index and supporting base metals.

Jan 24, 2017 09:35

SMM Comments

LME Zinc to Fluctuate at Highs (2017-1-24)

SHFE 1703 Zinc Closes with Losses (2017-1-20)

SHFE 1703 zinc moved around RMB 22,450/mt after opening today, fluctuating in a RMB 80/mt range. In the afternoon, SHFE 1703 zinc dipped to RMB 21,990/mt and closed at RMB 22,145/mt, down RMB 255/mt o

Jan 20, 2017 18:35

SMM Comments

SHFE 1703 Zinc Closes with Losses (2017-1-20)

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Zinc Price to Rally This Week, SMM Predicts

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