LME Zinc to Meet upward Pressure (2017-10-12)_SMM

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Home / Metal News / Zinc / LME Zinc to Meet upward Pressure (2017-10-12)

LME Zinc to Meet upward Pressure (2017-10-12)

Oct 12,2017 09:19

CST

price review forecast

Source:SMM

LME zinc is expected to move between USD 3,205-3,245/mt today.

SHANGHAI, Oct. 12 (SMM) – LME zinc is expected to move between USD 3,205-3,245/mt today. US PPI and the number of initial jobless claims last week due for release today are promising, pointing to steady economy in the US. SHFE 1712 zinc will fluctuate between RMB 25,740-26,150/mt today, with spot prices RMB 360-440/mt above SHFE 1711 zinc.

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SHFE zinc prices

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Zinc prices maintained upward momentum in 2017, thanks to the fundamental story. LME zinc refreshed a 10-year high, and SHFE zinc jumped above 27,000 yuan per tonne, up over 20% so far this year.

Oct 30, 2017 16:41 timezone

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Oct 20, 2017 09:33 timezone

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price review & forecast

LME Zinc to Remain Range-Bound (2017-10-20)

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Oct 10, 2017 09:25 timezone

CST

price review & forecast

SHFE Zinc to Remain Range-Bound (2017-10-10)

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LME zinc inventory continued falling, and the US dollar index weakened, driving up LME zinc.

Sep 29, 2017 09:38 timezone

CST

price review & forecast

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Sep 21, 2017 17:34 timezone

CST

smm insight

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Sep 21, 2017 10:28 timezone

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LME zinc is expected to move between USD 3,100-3,140/mt today.

Sep 21, 2017 08:58 timezone

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price review & forecast

LME Zinc to Remain Range-Bound (2017-9-21)

Zinc Premiums in Guangdong Outstrip Tianjin on Low Zinc Inventory, SMM Reports

Spot premiums on #0 zinc in Guangdong surpassed those in Tianjin as cargo holders held quotes firm due to low inventory, SMM reported.

Sep 19, 2017 17:47 timezone

CST

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Zinc Premiums in Guangdong Outstrip Tianjin on Low Zinc Inventory, SMM Reports

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

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

Sep 19, 2017 09:21 timezone

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LME zinc inventories stopped growing after increasing for 2 straight days.

Sep 15, 2017 09:54 timezone

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