Latest news on China Zinc markets

Zinc prices to remain strong this week amid positive market sentiment

Zinc prices rose last week, with Mysteel's China #0 zinc ingot weekly spot average price up by 1.89% week on week to an average of Yuan 22,865/tonne. The Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) zinc average prices also increased by 1.77% and 1.81% week on week, respectively.

Long funds to continue driving up zinc prices

China's zinc prices rose on December 5, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price increasing by Yuan 440/tonne day on day to Yuan 23,305/tonne. The entry of long funds drove a notable rise in zinc prices, which surpassed the previous resistance level of Yuan 23,000/t

Positive sentiment drives up zinc prices

China's zinc prices rose on December 4, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price increasing by Yuan 10/tonne day on day to Yuan 22,425/tonne. On the evening of December 3, the private-sector employment data released by the U.S. fell far short of expectations, couple

WEEKLY: Zinc prices to rise this week amid positive market sentiment

Zinc prices fluctuated last week, with Mysteel's China #0 zinc ingot weekly spot average price up by 0.04% week on week to an average of Yuan 22,441/tonne. Zinc average prices decreased by 0.21% week on week at the Shanghai Futures Exchange (SHFE) but increased by 0.68% at the London Metal

Widening SHFE-LME price spread stimulates China's zinc ingot exports

China's zinc prices rose on November 28, with Shanghai Futures Exchange (SHFE) zinc main contract closing prices increasing by Yuan 10/tonne day on day to Yuan 22,425/tonne. The relatively narrow fluctuation range of China's zinc prices, along with the failure to sustain the upward momentum since th

Zinc prices to fluctuate in lack of sufficient upward momentum

China's zinc prices fell on November 20, with Shanghai Futures Exchange (SHFE) zinc main contract closing prices decreasing by Yuan 5/tonne day on day to Yuan 22,355/tonne. Due to the lack of driving factors, the market situation was relatively flat, with zinc prices fluctuating.   The spot supply i

Zinc price direction to be unclear this week amid divergent market sentiments

Zinc prices fell last week, with Mysteel's China #0 zinc ingot weekly spot average price down by 0.94% week on week to an average of Yuan 22,433/tonne. The Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) zinc average prices also decreased by 0.93% and 2.03% week on week, respectivel

Falling China's domestic zinc concentrate TC to support zinc price

The increase in China's zinc ingot exports in October reversed the trends in both China's and overseas zinc inventories, with China's zinc ingot social inventory declining but the LME zinc inventory rising. However, as export profitability declined, the recent release of the third-quarter (Q3) produ

Negative market sentiment suppresses China's zinc price rise

China's zinc prices rose on November 21, with Shanghai Futures Exchange (SHFE) zinc main contract closing prices increasing by Yuan 15/tonne day on day to Yuan 22,395/tonne. Although the SHFE zinc price opened highly at 9 p.m. on November 20, the subsequently released U.S. non-farm payrolls figure f

Narrowing LME-SHFE price spread curbs China's zinc ingot exports

China's zinc prices fell on November 20, with Shanghai Futures Exchange (SHFE) zinc main contract closing prices decreasing by Yuan 40/tonne day on day to Yuan 22,380/tonne. Recently, there has been a significant divergence between bullish and bearish funds in the market, with zinc prices continuing