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Home / Metal News / LME Zinc to Stay Range-Bound (2017-5-18)

LME Zinc to Stay Range-Bound (2017-5-18)

May 18, 2017 09:40

Source:SMM

The number of US initial jobless claims last week due for release this evening is not promising, and will drag down the US dollar and boost LME zinc.

SHANGHAI, May 18 (SMM) –The number of US initial jobless claims last week due for release this evening is not promising, and will drag down the US dollar and boost LME zinc. LME zinc will move between USD 2,540-2,580/mt today. SHFE 1707 zinc should fluctuate between RMB 21,400-21,700/mt, with spot prices RMB 300-420/mt above SHFE 1705 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)

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

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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

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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.

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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

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SMM Comments

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SMM Comments

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SMM Comments

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

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SMM Comments

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