LME Zinc Prices Plunge after Surge in LME Zinc Inventories? SMM Reports

Published: Sep 13, 2017 10:37
LME zinc prices slumped after surge in LME zinc inventories on September 12, SMM noted.

SHANGHAI, Sept. 13 (SMM) – LME zinc prices slumped after surge in LME zinc inventories on September 12, SMM noted.

Zinc Inventories to Stay Low in China Major Three Markets Next Week, SMM Says

LME zinc inventories surged 13,800 tonnes on September 12, mainly in Antwerp. On top of this, LME zinc tumbled about $20 per tonne as of 4:56 pm on September 12. 

Import Profit Window Closes for Zinc, How Much Zinc Will Flow to China in September? SMM Reports

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 for 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
LME zinc ingot inventory continued to decrease, and LME zinc rose significantly [SMM Zinc Morning Briefing]
35 mins ago
LME zinc ingot inventory continued to decrease, and LME zinc rose significantly [SMM Zinc Morning Briefing]
Read More
LME zinc ingot inventory continued to decrease, and LME zinc rose significantly [SMM Zinc Morning Briefing]
LME zinc ingot inventory continued to decrease, and LME zinc rose significantly [SMM Zinc Morning Briefing]
[SMM Zinc Morning Meeting Summary: LME Zinc Inventory Continues to Decline, LME Zinc Rises Significantly]: Overnight, LME zinc opened at $3,662/mt, and after opening it rose all the way, touching a low of $3,655.5/mt in early trading and a high of $3,748/mt near the close, finally ending up at $3,745.5/mt, up $84.5/mt, an increase of 2.31%, with trading volume rising to 13,736 lots···
35 mins ago
Ore Supply Disruptions Occur Frequently, SHFE Zinc Center Continues to Move Up [SMM Zinc Morning Comment]
36 mins ago
Ore Supply Disruptions Occur Frequently, SHFE Zinc Center Continues to Move Up [SMM Zinc Morning Comment]
Read More
Ore Supply Disruptions Occur Frequently, SHFE Zinc Center Continues to Move Up [SMM Zinc Morning Comment]
Ore Supply Disruptions Occur Frequently, SHFE Zinc Center Continues to Move Up [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment: Frequent Ore Supply Disruptions, SHFE Zinc Center Continues to Move Higher] Overnight, the most-traded SHFE zinc 2609 contract opened at 25425 yuan/mt. After the open, SHFE zinc briefly rose in choppy trading to a high of 25680 yuan/mt, then pulled back from the high to near the daily average line, and subsequently moved sideways in a narrow range around the daily average line, touching a low of 25405 yuan/mt. It finally closed up at 25645 yuan/mt..
36 mins ago
【SMM Flash】Middle East August Sulfur Contract Prices Released
15 hours ago
【SMM Flash】Middle East August Sulfur Contract Prices Released
Read More
【SMM Flash】Middle East August Sulfur Contract Prices Released
【SMM Flash】Middle East August Sulfur Contract Prices Released
KPC has set the August Kuwait Sulphur Price (KSP) at $865/mt FOB, down by $85/mt from the July KSP of $950/mt; QatarEnergy has kept its August Qatar Sulphur Price (QSP) unchanged at $890/mt FOB from July; ADNOC has kept its August official selling price (OSP) for the Indian subcontinent unchanged at $1,000/mt FOB Ruwais from July.
15 hours ago
LME Zinc Prices Plunge after Surge in LME Zinc Inventories? SMM Reports - Shanghai Metals Market (SMM)