2016 SMM Summit: LME Zinc to Average $2,200 per tonne in 2017

Published: Nov 14, 2016 18:20
SMM predicts at the 2016 SMM Summit LME 3-month zinc will average $2,200 per tonne in 2017. Spot zinc prices in China will average 17,600 yuan per tonne.

SHANGHAI, Nov. 14 (SMM) - SMM predicts at the 2016 SMM Summit LME 3-month zinc will average $2,200 per tonne in 2017. Spot zinc prices in China will average 17,600 yuan per tonne.

Zinc prices will maintain upward momentum during late 2016 and early 2017, but will fall during Q2-Q3 2017 as supply and demand are expected to be balanced in 2018.

2016 SMM Summit: Zinc Consumption to Slow in China but Improve in Other Countries in 2017

Collections of Stories in Base Metal Market at SMM 2016 Annual Summit
 

 

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 to learn 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
Yuguang Gold and Lead Group Reveals Mining Rights and Production Capacity of Ye Group's Mines
13 hours ago
Yuguang Gold and Lead Group Reveals Mining Rights and Production Capacity of Ye Group's Mines
Read More
Yuguang Gold and Lead Group Reveals Mining Rights and Production Capacity of Ye Group's Mines
Yuguang Gold and Lead Group Reveals Mining Rights and Production Capacity of Ye Group's Mines
[Lead Smelter Updates] It was reported that Yuguang Gold and Lead Group stated on an interactive platform that Ye Group holds the mining rights to the Shuikoushan lead-zinc mine and the Baifang copper mine, with 3 mines (the Kangjiawan mine and the lead-zinc mine both fall under the Shuikoushan lead-zinc mine mining rights) and 1 beneficiation plant, possessing an annual mining and beneficiation capacity of 860,000 mt of raw ore. Its captive mines can produce lead concentrates, copper concentrates, gold concentrates, and other mineral products, providing raw material support for the company.
13 hours ago
SHFE/LME Zinc Price Ratio Pulled Back to Oscillate Around 6.9 [SMM Zinc SHFE/LME Price Ratio Weekly Review]
16 hours ago
SHFE/LME Zinc Price Ratio Pulled Back to Oscillate Around 6.9 [SMM Zinc SHFE/LME Price Ratio Weekly Review]
Read More
SHFE/LME Zinc Price Ratio Pulled Back to Oscillate Around 6.9 [SMM Zinc SHFE/LME Price Ratio Weekly Review]
SHFE/LME Zinc Price Ratio Pulled Back to Oscillate Around 6.9 [SMM Zinc SHFE/LME Price Ratio Weekly Review]
[SHFE/LME zinc price ratio pulled back to around 6.9 and oscillated]: This week, the SHFE/LME zinc price ratio pulled back to around 6.9 and oscillated, with the zinc ingot import window remaining closed. Outside China, there were frequent fundamental disruptions: Peru issued an energy emergency decree, Kazakhstan's Zazzinc reduced operations at its lead-zinc mine following an accident, and Peru's Cajamarquilla zinc smelter was shut down due to a fire. Tight supply sentiment intensified, and LME zinc pulled back slightly after surging to a three-year high.
16 hours ago
Data: SHFE, DCE market movement (May 15)
17 hours ago
Data: SHFE, DCE market movement (May 15)
Read More
Data: SHFE, DCE market movement (May 15)
Data: SHFE, DCE market movement (May 15)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 15 May , 2026
17 hours ago
2016 SMM Summit: LME Zinc to Average $2,200 per tonne in 2017 - Shanghai Metals Market (SMM)