Non Ferrous News Today

Zinc prices experienced a decline across LME, SHFE, and MCX, driven by weak demand from China and macroeconomic challenges. The global zinc market is facing a widening deficit, but higher domestic smelter output and rising inventories have placed downward pressure. Experts indicate further downside potential in the near term.

Zinc prices have continued their downward trend across global markets, impacted by weak demand in China, a strong US dollar, and rising supply pressures. LME and SHFE zinc inventories fell slightly, but projected increases in refined zinc production for December are adding to bearish sentiment.

Zinc prices have shown a downward trend across global markets, with LME, SHFE, and MCX all reporting losses. Trading volumes increased, but demand remains weak, especially from China. Zinc inventories dropped, while production in China slightly rose. The market is focused on the upcoming US Fed meeting, as macroeconomic factors continue to pressure prices.

Aluminum prices have dropped below $2,600 per mt due to record-high production levels in China and reduced seasonal demand. Market sentiment remains weak, impacted by higher production costs, inventory build-up, and geopolitical tensions, particularly surrounding Russian aluminum sanctions.

Zinc prices declined across LME, SHFE, and MCX, driven by bearish market trends, weak economic indicators, and mixed supply and demand signals. While global zinc deficits narrowed, inventory levels remain volatile, with a modest increase in production expected in China. Price fluctuations are expected in the short term.

Zinc prices showed positive movement across major markets, with LME, SHFE, and MCX all experiencing gains. LME zinc saw a rise of 0.67%, while SHFE zinc and MCX zinc also reflected upward trends. Zinc inventory saw a small decline, and smelter production is expected to rise by 5% in December. Experts predict further upward movement if key resistance levels are broken.

Zinc prices saw minor fluctuations with slight declines in global markets. The LME, SHFE, and MCX prices all experienced minor losses. The supply side remains tight, with rising inventories and reduced trading volumes. While supply concerns continue, there are signs of further stimulus measures from China, which may support zinc prices in the short term.

Zinc prices showed upward movement across major markets, with LME, SHFE, and MCX all experiencing price increases. Supply remains tight, with global zinc deficits continuing into 2024. Zinc production in China shows mixed results, with slight improvements expected. Short-term price volatility is anticipated due to supply constraints and demand fluctuations.

Zinc prices have shown an uptick across major markets, with LME, SHFE, and MCX prices all reflecting positive trends. The price rise is attributed to supply concerns, particularly after large withdrawals from LME warehouses by Trafigura and a decline in SHFE inventories. Although demand remains subdued, market fluctuations are expected.

Zinc prices experienced a significant drop on multiple exchanges due to a stronger U.S. dollar, slower U.S. interest rate cuts, and supply concerns. LME, SHFE, and MCX zinc all saw declines, with LME closing down by 2.95% and SHFE and MCX following suit. LME inventory showed an increase, while SHFE and MCX trading volumes decreased.