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Home / Metal News / Zinc Price to Fall This Week, SMM Predicts

Zinc Price to Fall This Week, SMM Predicts

Apr 17, 2017 10:23

Source:SMM

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

For queries, please contact William Gu at williamgu@smm.cn

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Zinc Price to Fall This Week, SMM Predicts

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