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Home / Metal News / SHFE Zinc Prices to Hover at Highs (2017-3-23)

SHFE Zinc Prices to Hover at Highs (2017-3-23)

Mar 23, 2017 09:59

Source:SMM

LME zinc will move between USD 2,820-2,880/mt today, and SHFE 1705 zinc should hover between RMB 23,200-23,600/mt today, with spot prices RMB 60-40/mt below SHFE 1705 zinc.

SHANGHAI, Mar. 23 (SMM) – LME zinc will move between USD 2,820-2,880/mt today, and SHFE 1705 zinc should hover between RMB 23,200-23,600/mt today, with spot prices RMB 60-40/mt below SHFE 1705 zinc. US February new home sales, the number of initial jobless claims last week and Fed Chair Janet Yellen’s statement will be a focus of markets today.

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

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)

SHFE Zinc to Strengthen (2017-5-9)

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

May 9, 2017 09:09

SMM Comments

SHFE 1706 Zinc to Fall (2017-5-4)

SHFE 1706 zinc opened at RMB 21,530/mt today.

May 4, 2017 17:46

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-3-14)

Base metals mostly stabilized overnight. LME zinc will rally to USD 2,720-2,780/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,300-22,750/mt today, with spot prices RMB 80-40/mt below SH

Mar 14, 2017 09:28

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-3-14)

SHFE Zinc Prices to Stay Range-Bound (2017-3-10)

LME zinc will fall to USD 2,670-2,720/mt today, and SHFE 1705 zinc should fluctuate between RMB 21,650-21,950/mt today。

Mar 10, 2017 09:33

SMM Comments

SHFE Zinc Prices to Stay Range-Bound (2017-3-10)

SHFE 1705 Zinc Closes with Small Drop (2017-3-9)

SHFE 1705 zinc opened at RMB 22,045/mt today, and dipped to RMB 21,565/mt, and then stabilized around RMB 21,700/mt. In the afternoon, SHFE 1705 zinc edged down to RMB 21,590/mt and closed at RMB 21,6

Mar 9, 2017 17:38

SMM Comments

SHFE 1705 Zinc Closes with Small Drop (2017-3-9)

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

LME zinc will move between USD 2,770-2,840/mt today, and SHFE 1704 zinc should fluctuate between RMB 22,600-23,200/mt today, with spot prices RMB 100-80/mt below SHFE 1704 zinc.

Mar 3, 2017 09:33

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