Zinc Price to Fall This Week, SMM Predicts

Published: Apr 17, 2017 10:23

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

SHANGHAI, Apr. 17 (SMM) – Zinc prices are expected to inch down this week, SMM foresees.

Zinc Inventories Decrease in China Major Markets, SMM Reports

China Zinc Concentrate TCs Hold Stable, SMM Reports

LME zinc may edge down to $2,520-2,620 per tonne this week, SMM predicts. SHFE May zinc will weaken to a range of 21,000-2,2000 yuan per tonne.

Fundamentals will give more profound effect on the zinc market, SMM said. Downstream producer demand is weakening.

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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.

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