SHFE Zinc Prices to Inch Lower (2017-4-10)

Published: Apr 10, 2017 09:56

Save

LME zinc may dip to USD 2,644/mt today, moving between USD 2,650-2,700/mt.

SHANGHAI, Apr. 10 (SMM) – LME zinc may dip to USD 2,644/mt today, moving between USD 2,650-2,700/mt. SHFE 1705 zinc should find support from RMB 21,550/mt, fluctuating between RMB 21900-22350/mt, with spot prices RMB 10-40/mt above SHFE 1705 zinc.

LME Zinc prices SHFE zinc prices zinc prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

27 mins ago

Shengda Resources Subsidiary Renews Mining Rights for Dadi Silver-Lead-Zinc Mine in Inner Mongolia

According to an announcement by Shengda Resources on September 15, its wholly owned subsidiary, Inner Mongolia Guangda Mining, recently completed the renewal of the mining right for the Dadi silver-lead-zinc mine in Keshiketeng Banner, Inner Mongolia. The subsidiary obtained the Real Estate Ownership Certificate (Mining Right) and Mining License issued by the Chifeng Municipal Bureau of Natural Resources.

27 mins ago

49 mins ago

Data: SHFE, DCE market movement (Sep 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Sep , 2026

49 mins ago

8 hours ago

US Dollar Index Remains High, Continuing to Pressure LME Zinc as Price Center Shifts Lower [SMM Zinc Morning Meeting Summary]

[SMM Zinc Morning Meeting Summary: US Dollar Index Remains High, Pressuring LME Zinc Center Lower]: Overnight, LME zinc opened at $3,798.5/mt. After the open, LME zinc consolidated around the daily average. In the afternoon session, LME zinc drifted lower, hitting a low of $3,734/mt, then rebounded in a choppy fashion, reaching a high of $3,835/mt near the close, and finally settled up at $3,831.5/mt, up $27/mt, or 0.71%...

8 hours ago