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Home Steel News LME zinc price hits highest in a decade on China
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LME zinc price hits highest in a decade on China

9 Oct 2017 13:42 reported by Iona Chen

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According to the report, the supply of raw material affected by the mill closure. The London Metal Exchange (LME) of zinc price reached the highest record since August 2007.

Chinese imported the zinc amount reached 60,609 tons in August, rose by 160% compared with the same period of last year. This year imported total 31 million tons, declined by6%y-o-y.

Some analytics explained that the mine recently supplied increases, they excited to resolve the situation of material shortage. Among them, China’s government continued to control mills production, the zinc demand will slow down in the fourth quarter.

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Metal Price Index

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  • Created with Highcharts 4.0.41. May1. Jun1. Jul800085009000950010,00010,500
  • Nickel
  • Zinc
  • Aluminum
  • Copper

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LME Official Bid Price

  • USD / MT
  • Cash
  • 3 Months
  • Zinc
  • 2,597.00
  • 2,630.00
  • Aluminum
  • 2,524.50
  • 2,526.00
  • Copper
  • 9,711.00
  • 9,609.00
  • Nickel
  • 14,845.00
  • 15,035.00

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