Latest news on China Zinc markets

Surging LME zinc inventories and macro pressures weigh on China's zinc prices

China's zinc prices kept trending down on March 18, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price continuously narrowing by Yuan 375/tonne day on day to Yuan 23,325/tonne. The Federal Reserve is set to announce its interest rate decision on March 19. Cooling market expec

WEEKLY: Zinc prices to await clear directions

Zinc prices fluctuated last week, with Mysteel's China #0 zinc ingot weekly spot average price falling by 0.68% week on week to an average of Yuan 24,273/tonne ($3,535/tonne). The price of the most popular zinc derivatives contract on the Shanghai Futures Exchange (SHFE) for June delivery decreased

WEEKLY: Zinc prices to stage a wide-range fluctuation with mild upward bias

Zinc prices fell last Friday after rising early last week, with Mysteel's China #0 zinc ingot weekly spot average price falling by 0.43% week on week to an average of Yuan 24,438/tonne ($3,546/tonne). The price of the most popular zinc derivatives contract on the Shanghai Futures Exchange (SHFE) for

Exacerbating geopolitical conflicts increase zinc price volatility

China's zinc prices kept going up on March 5, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price expanding by Yuan 40/tonne day on day to Yuan 24,520/tonne. Geopolitical conflicts between the U.S. and Iran escalated abruptly early this week, weighing on short-term market sent

WEEKLY: Zinc prices to remain in weak consolidation on high retail inventory

Zinc prices fluctuated during February 24-27, with Mysteel's China #0 zinc ingot weekly spot average price rising by 0.2% week on week to an average of Yuan 24,545/tonne ($3,579/tonne). During the same week, the price of the most popular zinc derivatives contract on the Shanghai Futures Exchange (SH

China's zinc ingot retail inventory keeps building on slow post-holiday recovery

China's zinc prices declined slightly on February 26, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price contracting by Yuan 75/tonne day on day to Yuan 24,570/tonne. Macroeconomic boosts faded away, and downstream resumption process was relatively slow with insufficient cons

WEEKLY: Zinc prices to face downward pressure amid retail inventory accumulation

Zinc prices fell during February 9-13, with Mysteel's China #0 zinc ingot weekly spot average price lowering by 1.33% week on week to an average of Yuan 24,495/tonne ($3,552/tonne). During the same week, the price of the most popular zinc derivatives contract on the Shanghai Futures Exchange (SHFE)

WEEKLY: Zinc price high-level oscillation to persist with potential downward adjustments

Zinc prices fell last week, with Mysteel's China #0 zinc ingot weekly spot average price lowering by 1.37% week on week to an average of Yuan 24,827/tonne ($3,580/tonne). During the week, the price of the most popular zinc derivatives contract on the Shanghai Futures Exchange (SHFE) for May delivery

China's zinc ingot social inventory grows due to expanded downstream holidays

China's zinc prices continued trending down on February 5, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price decreasing by Yuan 490/tonne day on day to Yuan 24,395/tonne. Macro sentiment cooled and geopolitical conflicts eased, coupled with soft downstream demand ahead of th

China's zinc prices pull back amid fading bullish sentiment

China's zinc prices fluctuated downwards on February 4, with the Shanghai Futures Exchange (SHFE) zinc main contract closing price decreasing by Yuan 75/tonne day on day to Yuan 24,885/tonne. The nomination of the new chairman of the Federal Reserve sent signals of balance sheet reduction before the