Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Zinc to Edge up (2017-5-16)

LME Zinc to Edge up (2017-5-16)

May 16, 2017 09:32

Eurozone CPI and GDP due for release today are promising.

SHANGHAI, May 16 (SMM) – Eurozone CPI and GDP due for release today are promising, and may boost LME zinc. LME zinc will rise to USD 2,555-2,590/mt today. SHFE 1707 zinc should fluctuate between RMB 21,500-21,800/mt, with spot prices RMB 250-380/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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

After SHFE zinc prices rose, traders mostly took a wait-and-see attitude in the spot market, SMM reported.

Aug 30, 2017 18:18

Industry

Rising SHFE Zinc Distress Trading in Shanghai, SMM Reports

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

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.

Apr 26, 2017 09:43

SMM Comments

SHFE 1705 Zinc Closes with Losses (2017-4-11)

SHFE 1705 zinc opened at RMB 21,680/mt today, and then fell to RMB 21,590/mt as shorts increased positions. In the afternoon, SHFE 1705 zinc edged down to RMB 21,320/mt and closed at RMB 21,325/mt, do

Apr 11, 2017 17:40

SMM Comments

SHFE 1705 Zinc Closes with Losses (2017-4-11)

SHFE Zinc Prices to Remain Range-Bound (2017-4-11)

LME zinc pointed toward USD 2,600/mt overnight.

Apr 11, 2017 09:25

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-4-11)

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

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

Apr 10, 2017 09:56

SMM Comments

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

SHFE Zinc Prices to Meet Pressure (2017-4-7)

US March non-farm employment data due for release today are not promising, and this may constrain the US dollar and support base metals.

Apr 7, 2017 09:38

SMM Comments

SHFE Zinc Prices to Meet Pressure (2017-4-7)

SHFE Zinc Prices to Stay Range-Bound (2017-3-17)

LME zinc will move between USD 2,800-2,850/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,900-23,400/mt today, with spot prices RMB 80-50/mt below SHFE 1704 zinc.

Mar 17, 2017 09:29

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-3-16)

LME zinc will move between USD 2,770-2,830/mt today, and SHFE 1705 zinc should fluctuate between RMB 22,750-23,250/mt today.

Mar 16, 2017 09:39

SMM Comments

SHFE Zinc Prices to Remain Range-Bound (2017-3-16)

SHFE Zinc to Remain Range-Bound (2016-12-5)

Caixin’s November service PMI for China and ISM’s November non-manufacturing PMI for the US will be released today, with the former promising.

Dec 5, 2016 09:16

SMM Comments

Where Will Zinc Prices Head in Medium Term? SMM Reports

SHFE zinc staged a 2-day winning streak after wild fluctuation, with spot zinc in Shanghai up over 600 yuan per tonne November 21.

Nov 22, 2016 10:47

SMM Insight Industry

Where Will Zinc Prices Head in Medium Term? SMM Reports

SMM Events & Webinars

All

Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea
Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom
Oct
16
- AICE 2025 SMM (14th) Aluminum Industry Annual Conference
  Oct 16 - 17,2025
  Zhengzhou, Henan Province

LME Zinc to Edge up (2017-5-16)

SMM Events & Webinars

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025

AICE 2025 SMM (14th) Aluminum Industry Annual Conference