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Home / Metal News / Zinc Prices to Fall in Coming Week, SMM Foresees

Zinc Prices to Fall in Coming Week, SMM Foresees

May 27, 2017 17:04

Source:SMM

Zinc prices are expected to fall slightly in the coming week, SMM foresees.

SHANGHAI, May. 27 (SMM) – Zinc prices are expected to fall slightly in the coming week, SMM foresees.

China Zinc Concentrate TCs Rise in Some Markets, SMM Reports

LME zinc may move in the range of $ 2,600-2,680 per tonne in the coming week, SMM predicts. SHFE July zinc will move between 21,950-22,550 yuan per tonne. The SHFE market will have no trading on May 29-30 due to the Chinese Dragon Boat Festival.

Zinc Inventories Continue Falling in China Major Markets, SMM Reports

SHFE zinc will meet resistance from the 20-week moving average, and see technical fall in the coming week, SMM added.

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

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)

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

Spot discounts for regular #0 zinc expand 30 yuan per tonne in Shanghai market over August zinc on the Shanghai Futures Exchange (SHFE) on July 25.

Jul 25, 2017 13:45

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

China Zinc Concentrate TCs Left Untouched, SMM Reports

TCs of domestic zinc concentrate (50%) were mainly traded at 3,900-4,400 yuan per tonne (zinc content) last week, almost unchanged on a weekly basis, according to SMM data.

Jul 24, 2017 13:32

SMM Insight Industry

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

Premiums on #0 zinc in Tianjin expanded from 50 to 200 yuan per tonne over Shanghai prices July 20, SMM noted. The price spread on Zijin #0 zinc between the two regions widened to 250 yuan per tonne.

Jul 20, 2017 18:27

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

SHFE 1709 Zinc Closes Lower (2017-7-19)

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

Weak Long Momentum to Constrain Zinc Price Gains, SMM Predicts

LME Zinc is expected to move between $2,550-2,650 per tonne next week, SMM predicts.

Jan 6, 2017 20:42

SMM Insight Industry

Weak Long Momentum to Constrain Zinc Price Gains, SMM Predicts

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SHFE 1702 zinc rose to RMB 21,440/mt after opening and reached RMB 21,490/mt but then fell to RMB 21,260/mt.

Dec 21, 2016 17:12

SMM Comments

SHFE 1702 Zinc Closes with Gains (2016-12-21)

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Zinc Prices to Fall in Coming Week, SMM Foresees

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