170results found for 'zinc contract prices'
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- SMM zinc price forecast this week
The recent trend of zinc prices is still greatly affected by the expectation of interest rate cuts by the Federal Reserve under the background of inflation and funds. That, combined with the fundamentals, kept zinc prices at a high level. The logic of ore shortage remains unchanged, and domestic and imported zinc concentrate TCs are declining.
May 20, 2024 16:07 - SMM Morning Comment For SHFE Base Metals On May 17
LME copper prices opened at $10385/mt and closed at $10371.5/mt in last evening trading, a gain of 0.87%, with the low-end of $10310/mt and the high-end of $10445.5/mt.
May 17, 2024 10:04 - The initial results of the real estate deregulation support the upward trend of SHFE zinc [SMM zinc morning comment]
LME zinc prices opened at $2988/mt last evening and touched an intraday high of $3007/mt, with the low-end of $2940.5/mt. It closed down $22/mt or 0.74% at $2961/mt
May 17, 2024 09:59 - SMM Morning Comment For SHFE Base Metals On May 13
LME copper prices opened at $10049.5/mt and closed at $10040/mt in last Friday evening trading, a gain of 0.9%, with the low-end of $9976.5/mt and the high-end of $10079/mt.
May 13, 2024 10:19 - LME zinc moved at highs amid Fed's rate cuts expectations
Last Friday, LME zinc opened at $2917/mt, hitting a low and high of $2902.5/mt and $2959.5/mt respectively, and closed at $2945/mt, up $35/mt or 1.20%. Trading volume increased to 10050 lots, and open interest grew 1464 lots to 240,000 lots.
May 13, 2024 10:10 - Zinc prices rebounded from lows last week
Zinc prices rebounded from lows last week. The US economic growth was unexpectedly weak. But the core PCE rose 3.7%, far exceeding expectations. Inflation was high. Initial jobless claims were 207,000, indicating a strong labour market.
Apr 29, 2024 13:11 - SMM Morning Comment For SHFE Base Metals On Apr 29
LME copper prices opened at $9990.5/mt and closed at $9960/mt in last Friday evening trading, a gain of 0.61%, with the low-end of $9896.5/mt and the high-end of $10012/mt.
Apr 29, 2024 10:02 - SMM Zinc Morning Comment: LME zinc prices moved at highs
LME zinc opened at $2848/mt last Friday, touching a high and a low of $2905/mt and $2812/mt respectively. LME zinc rallied and closed up $4/mt or 0.14% at $2853.5/mt. The trading volume grew to 11372 lots, and open interest grew 553 lots to 244,000 lots.
Apr 29, 2024 09:59 - SMM Morning Comment For SHFE Base Metals On Apr 25
LME copper prices opened at $9794.5/mt and closed 0.64% higher at $9790/mt overnight, with the low-end of $9758.5/mt and the high-end of $9843/mt.
Apr 25, 2024 10:05 - SHFE zinc fluctuates rangebound, demand remains weak [SMM zinc morning comment]
Overnight, LME zinc opened at $2795/mt, hitting a low and high of $2783/mt and $2838/mt respectively, and closed higher at $2794.5/mt.
Apr 25, 2024 09:59