Zinc Trading Picks up on Transport Restrictions before National Games, SMM Reports

Published: Aug 21, 2017 19:07
Spot trading in zinc market improved as more downstream buyers entered the market in case of transportation restrictions in favor of the National Games, SMM noted.

SHANGHAI, Aug. 21 (SMM) – Spot trading in zinc market improved as more downstream buyers entered the market in case of transportation restrictions in favor of the National Games, SMM noted.

Shandong Zinc Oxide Plants Shut down for Environmental Protection, SMM Reports

Supplies from zinc smelters are at normal levels.

Zinc Surpasses Aluminum to be Best Performer among LME Base Metals in 2017

#0 zinc traded mainly in 27,100-27,660 yuan per tonne range in Tianjin on August 21, SMM data showed.

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

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
SHFE Zinc Posted Six Consecutive Gains, with the Center of the Daily Candlestick Moving Upward [SMM Zinc Morning Comment]
5 hours ago
SHFE Zinc Posted Six Consecutive Gains, with the Center of the Daily Candlestick Moving Upward [SMM Zinc Morning Comment]
Read More
SHFE Zinc Posted Six Consecutive Gains, with the Center of the Daily Candlestick Moving Upward [SMM Zinc Morning Comment]
SHFE Zinc Posted Six Consecutive Gains, with the Center of the Daily Candlestick Moving Upward [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] Overnight, SHFE zinc posted a sixth consecutive gain, with the center of the daily candlestick moving higher. The 20-day moving average below provided support, while the 40/60-day moving averages above formed resistance. Overnight, zinc prices held up well, supported by costs on the supply side, while downstream consumption continued destocking, but...
5 hours ago
Dovish Remarks From the US Fed Drove Zinc Prices Higher [SMM Morning Meeting Summary]
5 hours ago
Dovish Remarks From the US Fed Drove Zinc Prices Higher [SMM Morning Meeting Summary]
Read More
Dovish Remarks From the US Fed Drove Zinc Prices Higher [SMM Morning Meeting Summary]
Dovish Remarks From the US Fed Drove Zinc Prices Higher [SMM Morning Meeting Summary]
[SMM Morning Meeting Summary: Dovish Remarks by the US Fed Drove Zinc Prices Higher] Overnight, LME zinc recorded a bullish candlestick, with the 20-day daily average above acting as resistance. Overnight, dovish remarks by the US Fed boosted market sentiment, while LME Cash-3M shifted to a backwardation structure......
5 hours ago
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
20 hours ago
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
Read More
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
[SMM Flash News] State Administration for Market Regulation: Focus on Preventing and Addressing “Involutionary” Competition in Key Industries and Fields Such as the Platform Economy, PV, Lithium Batteries, and NEVs
20 hours ago
Zinc Trading Picks up on Transport Restrictions before National Games, SMM Reports - Shanghai Metals Market (SMM)