Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SHFE Zinc to Swing Widely (2017-9-12)

SHFE Zinc to Swing Widely (2017-9-12)

Sep 12, 2017 09:47

OPEC will release monthly crude oil market report today.

SHANGHAI, Sep. 12 (SMM) –OPEC will release monthly crude oil market report today. China will release August social financing and M2 money supply today. LME zinc will move at USD 3,070-3,110/mt, with resistance at 5-day and 20-day moving averages. The most active SHFE zinc will trade at RMB 24,820-25,250/mt, with fierce competition between longs and shorts. #0 zinc will trade at premiums of RMB 350-540/mt over SHFE 1810 zinc.

LME zinc prices

SHFE zinc prices

zinc prices

base metal price forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

LME Tin to Hover at Highs (2017-7-3)

LME tin will hover around USD 20,000/mt today.

Jul 3, 2017 09:53

SMM Comments

Supply Concerns to Support Tin Price Gains, SMM Reports

Tin prices have been performing quite well recently and will remain firm on low stocks and expectations for tightening supply, despite a strong US dollar, SMM says.

Oct 25, 2016 16:30

SMM Insight

Range-Bound Trading to Continue in Base Metals, SMM Says

Base metal prices on the SHFE are expected to keep range-bound trading on Thursday, Shanghai Metals Market foresees.

Oct 20, 2016 09:21

Industry

LME Tin to Face Downward Pressure (2016-10-13)

LME tin will test support at USD 19,700/mt, with eyes on China foreign trade data.

Oct 13, 2016 09:46

SMM Comments

Base Metals Eye on US Non-Farm Result, SMM Says

Base metal prices on the SHFE are expected to trade at a relatively strong tone on Friday, Shanghai Metals Market foresees.

Sep 2, 2016 09:16

SMM Comments

50% Chinese Investors Bullish toward Zinc, SMM Survey

LME zinc rose over 6% last week, rising to USD 2,150/mt.

Jul 5, 2016 09:28

SMM Comments

SHFE Zinc Prices Close Lower (Mar. 23, 2016)

SHFE 1605 zinc contract prices opened at RMB 14,445/mt Tuesday evening.

Mar 23, 2016 17:23

SMM Comments

SHFE Aluminum to Hover at Highs (2016-3-3)

SHFE 1605 aluminum has found solid support at the 5-day moving average, and should move highs at RMB 11,300-11,420/mt on Thursday.

Mar 3, 2016 09:17

SMM Comments

Shanghai Zinc to Climb with LME Zinc (2016-3-3)

Stock and commodity markets rose as risk appetite grew.

Mar 3, 2016 09:14

SMM Comments

SHFE Tin to Catch Up to Gains After Holiday (2016-2-15)

SHFE 1605 tin will catch up to gains after the week-long Chinese holiday due to rising LME tin during the holiday, and rise to RMB 99,000-100,500/mt.

Feb 15, 2016 10:23

SMM Comments

SMM Events & Webinars

All

Sep
15
- NET ZERO CHINA Field Trip
  Sep 15 - 19,2025
  中国
Sep
26
- 2025 ASIA BATTERY MATERIAL COOPERATION SALON
  Sep 26 - 26,2025
  Time：9.26 2025 Place：Seoul， South Korea
  Seoul， South Korea
Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  Emmanuel Centre，London , the United Kingdom

SHFE Zinc to Swing Widely (2017-9-12)

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025