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Home / Metal News / SHFE Zinc Prices to Stay Range-Bound (2017-3-6)

SHFE Zinc Prices to Stay Range-Bound (2017-3-6)

Mar 6, 2017 09:47

Source:SMM

LME zinc will move between USD 2,760-2,810/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,500-22,900/mt today, with spot prices RMB 110-80/mt below SHFE 1704 zinc.

SHANGHAI, Mar. 6 (SMM) – LME zinc will move between USD 2,760-2,810/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,500-22,900/mt today, with spot prices RMB 110-80/mt below SHFE 1704 zinc. US January factory and durable goods orders and Sentix eurozone March investor confidence will be released today.

LME Zinc prices

SHFE zinc prices

zinc prices

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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

SHFE 1706 Zinc Closes Lower (2017-4-19)

SHFE 1706 zinc opened at RMB 20,840/mt today and fell to RMB 20,760/mt.

Apr 19, 2017 17:29

SMM Comments

SHFE 1706 Zinc Closes Lower (2017-4-18)

SHFE 1706 zinc opened at RMB 21,675/mt today and dipped to RMB 21,480/mt, and then rallied to RMB 21,600/mt later.

Apr 18, 2017 17:25

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-4-18)

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Apr 18, 2017 09:46

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-4-18)

Operating Rate at Chinese Zinc Smelters Lower in March on Large Ones, SMM Survey

The average operating rate at Chinese zinc smelters was 69.4% in March, down 0.4 percentage point from February, according to an SMM survey. SMM adjusted capacity of survey sample to 6.19 million tonn

Apr 11, 2017 11:14

SMM Insight Industry Reminder

Operating Rate at Chinese Zinc Smelters Lower in March on Large Ones, SMM Survey

SHFE 1705 Zinc Closes with Big Losses (2017-4-7)

SHFE 1705 zinc opened at RMB 22,495/mt today, and then edged up to RMB 22,670/mt, reaching RMB 22,805/mt. after absorption of Xiongan news and government announcement to forbid large scale of property

Apr 7, 2017 18:01

SMM Comments

SHFE 1705 Zinc Closes with Big Losses (2017-4-7)

SHFE Zinc Takes a Nosedive but will Stay High in Short-to-Medium Term, SMM Reports

SHFE May zinc contract fell after opening and plunged at the end of trading, finishing 4% lower on Friday due to strong short momentum. Positions on SHFE zinc increased 29,000 tonnes.

Apr 7, 2017 17:54

SMM Insight Industry Reminder

SHFE Zinc Takes a Nosedive but will Stay High in Short-to-Medium Term, SMM Reports

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SHFE 1705 zinc opened at RMB 22,960/mt today, and then edged up to RMB 23,170/mt with longs leaving the market, reaching RMB 23,170/mt. At the end of trading, SHFE 1705 zinc fell slightly and closed a

Apr 6, 2017 17:05

SMM Comments

SHFE 1705 Zinc Closes with Small Gains (2017-4-6)

SHFE Zinc Prices to Experience Corrections (2017-4-6)

LME zinc will consolidate between USD 2,760-2,800/mt today, and SHFE 1705 zinc should fluctuate between moving averages and find support from the 60-day moving average, hovering between RMB 22,850-23,

Apr 6, 2017 09:18

SMM Comments

SHFE Zinc Prices to Experience Corrections (2017-4-6)

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SHFE Zinc Prices to Stay Range-Bound (2017-3-6)

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