LME Zinc to Remain Range-Bound (2017-9-19)_SMM

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Home / Metal News / Zinc / LME Zinc to Remain Range-Bound (2017-9-19)

LME Zinc to Remain Range-Bound (2017-9-19)

Sep 19,2017 09:21

CST

SMM Comments

Source:SMM

LME zinc opened at USD 3111/mt, and is expected to move between USD 3,095-3,140/mt today.

SHANGHAI, Sept. 19 (SMM) –LME zinc opened at USD 3111/mt, and is expected to move between USD 3,095-3,140/mt today. US housing starts are promising due to reconstruction after the hurricane. Reserve Bank of Australia will announce its monetary policy today, and market players will keep an eye on Fed’s monetary policy meeting.

SHFE 1711 zinc will fluctuate between RMB 25,400-25,850/mt today, with spot prices RMB 250-460/mt above SHFE 1710 zinc.

LME Zinc prices

SHFE zinc prices

zinc prices

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Spot premiums on zinc in Shanghai fell rapidly in the latter half of this week as traders sold actively to generate cash before the upcoming Chinese National Day holiday.

Sep 29, 2017 15:37 timezone

CST

SMM Insight Industry News

Shanghai Spot Zinc Market before and after National Day Holiday, SMM Reports

SHFE Zinc Price Surge Depresses Spot Trading in Shanghai, SMM Reports

Trading in Shanghai spot zinc market is sluggish today as SHFE zinc price rose rapidly, SMM reported.

Sep 26, 2017 14:05 timezone

CST

SMM Insight

SHFE Zinc Price Surge Depresses Spot Trading in Shanghai, SMM Reports

LME Zinc to See Range-Bound Trading (2017-9-25)

LME zinc is expected to move between USD 3,045-3,095/mt today.

Sep 25, 2017 09:36 timezone

CST

SMM Comments

LME Zinc to See Range-Bound Trading (2017-9-25)

What Cause Zinc Spot Premiums to Shrink Sharply in Tianjin? SMM Reports

Spot premiums on #0 zinc shrank sharply from 580-750 yuan per tonne early this week to 400-450 yuan per tonne over SHFE October zinc in Tianjin on September 22, SMM reported.

Sep 22, 2017 17:40 timezone

CST

SMM Insight

What Cause Zinc Spot Premiums to Shrink Sharply in Tianjin? SMM Reports

LME Zinc to Remain Weak (2017-9-22)

LME zinc is expected to move between USD 3,025-3,070/mt today.

Sep 22, 2017 09:18 timezone

CST

SMM Comments

LME Zinc to Face Downward Pressure (2017-9-20)

LME zinc contango turned into a backwardation of USD 29.5/mt.

Sep 20, 2017 09:44 timezone

CST

SMM Comments

LME Zinc to Face Downward Pressure (2017-9-20)

Zinc Spot Premiums Shrink in Tianjin due to Imported Zinc? SMM Reports

Spot premiums in Tianjin narrowed from 580-750 yuan per tonne last week to 480-600 yuan per tonne September 18, SMM finds.

Sep 18, 2017 18:27 timezone

CST

SMM Insight

Zinc Spot Premiums Shrink in Tianjin due to Imported Zinc? SMM Reports

LME Zinc May Fall Back (2017-8-17)

LME zinc hit nearly 10-year high, and is is expected to move between USD 2,990-3,150/mt today.

Aug 17, 2017 09:22 timezone

CST

SMM Comments

SHFE 1710 Zinc to Remain Strong (2017-8-16)

LME zinc is expected to move between USD 2,920-2,980/mt today.

Aug 16, 2017 09:30 timezone

CST

SMM Comments

SHFE 1710 Zinc to Remain Strong (2017-8-16)

Zinc to See Technical Fallback, SMM Foresees

Zinc prices may fall technically this week but will still stay at highs since fundamentals will continue to underpin zinc prices, SMM foresees.

Aug 15, 2017 10:10 timezone

CST

Industry News SMM Insight

Zinc to See Technical Fallback, SMM Foresees

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