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Home / Metal News / Zinc to Stay Range-Bound (2017-4-26)

Zinc to Stay Range-Bound (2017-4-26)

Apr 26, 2017 09:43

Source:SMM

EIA crude oil inventories for the US in the week ending April 21 will be released this evening, which are expected to fall further and boost oil prices.

SHANGHAI, Apr. 26 (SMM) – EIA crude oil inventories for the US in the week ending April 21 will be released this evening, which are expected to fall further and boost oil prices. LME zinc will also receive a boost and will move between USD 2,590-2,650/mt today. SHFE 1706 zinc should fluctuate between RMB 21,440-21,800/mt, with spot prices RMB 320-380/mt above SHFE 1706 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

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SHFE 1801 nickel opened at RMB 87,010/mt today and then dipped to RMB 86,520/mt.

Aug 18, 2017 19:03

SMM Comments

SHFE 1801 Nickel Finishes Higher (2017-8-18)

SHFE 1709 Zinc Finishes Lower (2017-7-20)

SHFE 1709 zinc opened at RMB 22,685/mt today and then hovered around RMB 22,700/mt.

Jul 20, 2017 17:51

SMM Comments

SHFE 1709 Zinc Finishes Lower (2017-7-20)

Zinc Spot Premiums Shrink Sharply in Shanghai and Guangdong, SMM Reports

Spot premiums in Shanghai and Guangdong contracted noticeably on July 13 due to higher zinc futures prices on the Shanghai Futures Exchange (SHFE), SMM reported.

Jul 13, 2017 15:07

SMM Insight Industry

Zinc Spot Premiums Shrink Sharply in Shanghai and Guangdong, SMM Reports

SHFE 1709 Nickel Closes Higher (2017-6-23)

SHFE 1709 nickel opened at RMB 74,880/mt today.

Jun 23, 2017 21:31

SMM Comments

SHFE 1709 Nickel Closes Higher (2017-6-23)

Zinc Price to Fall This Week, SMM Predicts

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

Apr 17, 2017 10:23

SMM Insight Industry

Zinc Price to Fall This Week, SMM Predicts

SHFE 1706 Zinc Closes with Gains (2017-4-13)

SHFE 1705 zinc opened at RMB 21,495/mt today. As longs entered the market, SHFE 1706 zinc edged up but met pressure from RMB 21,820/mt. In the afternoon, SHFE 1706 zinc rallied and closed at RMB 21,72

Apr 13, 2017 18:22

SMM Comments

LME Zinc to Move at Highs (2017-1-13)

China’s December trade data are promising, bolstering base metals. US December PPI is expected to fall short of November’s.

Jan 13, 2017 09:54

SMM Comments

SHFE 1703 Zinc Closes with Big Gains (2017-1-10)

SHFE 1703 zinc hovered around RMB 22,090/mt after opening today and then rose to RMB 22,200/mt.

Jan 10, 2017 20:54

SMM Comments

SHFE 1703 Zinc Closes with Big Gains (2017-1-10)

SHFE Zinc to Remain Range-Bound (2016-12-23)

US November new home sales UK’s Q3 GDP will be released today, with US data promising.

Dec 23, 2016 09:26

SMM Comments

SHFE Zinc to Experience Corrections (2016-12-14)

US November retail sales, PPI and industrial output due for release this evening are expected to be mixed. The market will remain cautious before the Fed announces interest rate decision.

Dec 14, 2016 09:33

SMM Comments

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Zinc to Stay Range-Bound (2017-4-26)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025