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Home / Metal News / Zinc to Fluctuate at High Levels This Week, SMM Foresees

Zinc to Fluctuate at High Levels This Week, SMM Foresees

iconMay 22, 2017 17:29
Source:SMM
Zinc prices are expected to hover at high levels this week, SMM foresees.

SHANGHAI, May. 22(SMM) – Zinc prices are expected to hover at high levels this week, SMM foresees.

LME zinc may move in the range of $ 2,580-2,680 per tonne this week, SMM predicts. SHFE July zinc will move between 21,500-22,550 yuan per tonne.

China Zinc Concentrate TCs are Flat, SMM Reports

Restarts at some downstream producers in North China, continuously falling inventories in China’s major three markets and exit of some shorts will leave zinc at high levels, SMM zinc analyst explained.

Zinc Inventories Fall for 3 Months in a Row in China Major Markets, SMM Reports

Base metals will consolidate at current levels, SMM added. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

LME Zinc prices
SHFE zinc prices
zinc prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

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