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Home / Metal News / SHFE Zinc to Fall Further (2017-6-6)

SHFE Zinc to Fall Further (2017-6-6)

Jun 6, 2017 09:38

Source:SMM

Sentix Investor Confidence Index for eurozone in June and eurozone April retail sales due for release today are not promising, and will weigh on zinc.

SHANGHAI, Jun. 6 (SMM) – Sentix Investor Confidence Index for eurozone in June and eurozone April retail sales due for release today are not promising, and will weigh on zinc. LME zinc is expected to move between USD 2,460-2,570/mt today. SHFE 1707 zinc will fluctuate between RMB 21,100-21,550/mt, with spot prices RMB 20-0/mt below SHFE 1706 zinc and RMB 600-650/mt above SHFE 1707 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

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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

LME Zinc to Have Support (2017-6-30)

Eurozone CPI due for release today is promising.

Jun 30, 2017 09:37

SMM Comments

SHFE Zinc to Stay Range-Bound (2017-6-16)

LME zinc closed with gains but lacked upward momentum.

Jun 16, 2017 09:29

SMM Comments

SHFE Zinc to Stay Range-Bound (2017-6-16)

SHFE 1707 Zinc Closes Lower (2017-5-26)

SHFE 1707 zinc opened at RMB 22,215/mt today and then hovered around RMB 22,230/mt.

May 26, 2017 19:14

SMM Comments

SMM 2017 Lead & Zinc Summit: Will Zinc Concentrate Remain in Deficit in 2017?

SMM interviewed some industry insiders at the SMM 2017 Lead & Zinc Summit about the following issues.

May 22, 2017 15:48

SMM Insight Industry Reminder

SMM 2017 Lead & Zinc Summit: Will Zinc Concentrate Remain in Deficit in 2017?

SHFE 1707 Zinc Closes with Declines (2017-5-15)

SHFE 1707 zinc opened at RMB 21,530/mt today and rose to RMB 21,610/mt, and then hovered around RMB 21,570/mt.

May 15, 2017 17:52

SMM Comments

SHFE 1707 Zinc Closes with Gains (2017-5-10)

SHFE 1707 zinc opened at RMB 21,680/mt today and then edged down to RMB 21,600/mt, and climbed to RMB 21,710/mt after some longs increased positions.

May 10, 2017 18:00

SMM Comments

SHFE 1707 Zinc Closes with Gains (2017-5-9)

SHFE 1707 zinc opened at RMB 21,510/mt today and edged up to RMB 21,570/mt, and hovered around RMB 21,470/mt after entery of shorts.

May 9, 2017 17:05

SMM Comments

SHFE 1707 Zinc Closes with Gains (2017-5-9)

SHFE Zinc to Strengthen (2017-5-9)

LME zinc will move between USD 2,570-2,620/mt today.

May 9, 2017 09:09

SMM Comments

SHFE 1706 Zinc to Fall (2017-5-4)

SHFE 1706 zinc opened at RMB 21,530/mt today.

May 4, 2017 17:46

SMM Comments

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SHFE Zinc to Fall Further (2017-6-6)

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