Update - Zinc Prices to Stay at High Levels This Week, SMM Foresees

Published: Jul 17, 2017 13:05

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Zinc prices are expected to continue fluctuating at high levels this week, SMM foresees.

SHANGHAI, Jul. 17 (SMM) – Zinc prices are expected to continue fluctuating at high levels this week, SMM foresees.

Zinc Inventories Post Further Growth in China Major Markets, SMM Reports

LME zinc may move in the range of $2,750-2,850 per tonne this week, SMM predicts. SHFE August zinc, the most actively traded contract, will move between 22,700-23,500 yuan per tonne.

China Zinc Concentrate TCs Hold Flat, SMM Reports

Recently, zinc inventories in Shanghai, Tianjin and Guangdong grew slightly. And there will be additional influx of imported zinc, SMM said.

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LME Zinc prices SHFE zinc prices zinc prices

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.

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