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Home / Metal News / LME Zinc to Receive a Boost (2017-5-2)

LME Zinc to Receive a Boost (2017-5-2)

May 2, 2017 09:37

Source:SMM

The Reserve Bank of Australia’s interest rate decision, eurozone manufacturing PMI and eurozone March unemployment rate due for release today are promising, and will boost LME zinc.

SHANGHAI, May 2 (SMM) – The Reserve Bank of Australia’s interest rate decision, eurozone manufacturing PMI and eurozone March unemployment rate due for release today are promising, and will boost LME zinc. LME zinc will move between USD 2,625-2,660/mt today. Zinc downstream demand is still soft. SHFE 1706 zinc should fluctuate between RMB 21,650-22,000/mt, with spot prices RMB 290-350/mt above SHFE 1706 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

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Jul 31, 2017 11:21

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Jul 31, 2017 09:36

SMM Comments

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SHFE 1709 zinc opened at RMB 23,040/mt today and then reached RMB 23,160/mt, but fell later on and strengthened to RMB 23,170/mt.

Jul 25, 2017 17:50

SMM Comments

SHFE 1709 Zinc Closes Higher (2017-7-25)

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Jul 25, 2017 13:45

SMM Insight Industry

Zinc Spot Discounts Expand in Shanghai, Trade Slackens, SMM Reports

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What Expands Zinc Price Spread Remarkably between Shanghai and Tianjin? SMM Reports

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SHFE 1709 zinc opened at RMB 22,955/mt today and then hovered around RMB 22,870/mt, and strengthened after dipping to RMB 22,790/mt.

Jul 19, 2017 17:42

SMM Comments

SHFE 1706 Zinc Sees Price Gains (2017-5-2)

SHFE 1706 zinc opened at RMB 22,100/mt today and then edged up to RMB 22,565/mt.

May 2, 2017 17:02

SMM Comments

SHFE 1706 Zinc Sees Price Gains (2017-5-2)

Zinc Prices to Fluctuate in Narrow Range This Week, SMM Foresees

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May 2, 2017 13:37

SMM Insight Industry

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SMM Comments

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LME Zinc to Receive a Boost (2017-5-2)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit