SHANGHAI, Jun. 16 (SMM) – LME zinc closed with gains but lacked upward momentum. US housing starts in May due for release today are promising, weighing on base metals. LME zinc is expected to move between USD 2,490-2,530/mt today. SHFE 1708 zinc is expected to fluctuate between RMB 20,900-21,200/mt, with spot prices RMB 500-550/mt above SHFE 1707 zinc.
SHFE Zinc to Stay Range-Bound (2017-6-16)
LME zinc closed with gains but lacked upward momentum.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
![Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]](https://imgqn.smm.cn/usercenter/EMwoI20251217171753.jpg)
Mar 27, 2026 15:59
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
Read More
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
[Mixed Bullish and Bearish Factors in the Market, SHFE and LME Zinc Prices Rose] At the beginning of the week, LME zinc continued last week's downward fluctuation trend; subsequently, the US dollar index dropped back slightly from its highs, and LME zinc rose; however, the ongoing escalation of the Middle East conflict, coupled with the renewed strength of the US dollar index, constrained the upside room for zinc prices, and the center of LME zinc gradually pulled back......
Mar 27, 2026 15:59
![Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]](https://imgqn.smm.cn/usercenter/CGlrd20251217171755.jpg)
Mar 27, 2026 15:56
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]
Read More
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]
[Zinc Oxide Operating Rates Remain Stable, End-Use Demand Shows Divergence] In terms of orders, overall demand for rubber-grade zinc oxide remained stable, but some enterprises were relatively cautious about expectations for subsequent demand from tyre factories; orders for major ceramic-grade zinc oxide producers were relatively stable, but affected by the overall weakness in the real estate market, overall demand in the sector was average......
Mar 27, 2026 15:56
Mar 27, 2026 15:55
Data: SHFE, DCE market movement (Mar 27)
Read More
Data: SHFE, DCE market movement (Mar 27)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 27 Mar , 2026
Mar 27, 2026 15:55
Related News
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
Mar 27, 2026 15:59
Zinc Oxide Operating Rates Remained Stable, While End-Use Demand Showed Divergence [SMM Zinc Oxide Weekly Review]
Mar 27, 2026 15:56
Data: SHFE, DCE market movement (Mar 27)
Mar 27, 2026 15:55
Guangdong Premiums Rose This Week, and Were Expected to Maintain a Fluctuating Trend Next Week [SMM Guangdong Spot Weekly Review]
Mar 27, 2026 15:54