SHANGHAI, Sept. 4 (SMM) – LME zinc refreshed 10-year high. Hydrogen bomb test in North Korea succeeded, attracting market attention and growing geopolitical issue. Risk aversion thus grew.
LME zinc is expected to move between USD 3,190-3,235/mt today. SHFE 1710 zinc will fluctuate between RMB 26,000-26,450/mt, with spot prices RMB 50/mt below or RMB 100/mt above SHFE 1709 zinc.


![Secondary Zinc Oxide Payables Remained Relatively Firm, How Will They Perform in March [SMM Analysis]](https://imgqn.smm.cn/usercenter/ipTIN20251217171755.jpg)