Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Mar. 30 (SMM) –Attention should be on final reading of US’s GDP and PCE price index on Thursday. LME zinc will stay firm and move at USD 2,840-2,890/mt on Thursday. SHFE 1705 zinc closed higher on Wednesday’s night trading and found support at the 10-day moving average. The contract will test RMB 23,700/mt on Thursday and move between RMB 23,300-23,700/mt.
In China’s domestic market, downstream buyers show low purchase interest after zinc price increases. #0 zinc should trade at discounts of RMB 70-40/mt on Thursday.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn