Non Ferrous
Non-ferrous is a term used to describe metals that are short on iron in their composition. These have several unique properties, such as corrosion resistance, l...
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_Ingot_SHG_0_99995_53f40b6205.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FLEAD_Ingot_1d45536fed.jpg&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminium_d79ae74f64.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAl_Ingot_d893cec4bd.JPG&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Faluminium_t_saw_ingot_85e8f6bb4b.jpg&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252Faluminum_wire_rod_8b89052544.jpg&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FCopper_Cathode_31c31256dd.JPG&w=3840&q=75)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FCopper_wire_rod_2a7d2ec133.JPG&w=3840&q=75)
Non Ferrous Prices
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FZinc_Ingot_SHG_0_99995_53f40b6205.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FLEAD_Ingot_1d45536fed.jpg&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FAluminium_d79ae74f64.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FAl_Ingot_d893cec4bd.JPG&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252Faluminium_t_saw_ingot_85e8f6bb4b.jpg&w=3840&q=75)
Daily Market Report
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_2_50ed6ff6ce.png&w=3840&q=75)
LME, SHFE, and MCX Zinc Prices Rise as Supply Tightens
LME, SHFE, and MCX zinc prices surged amid tightening global supply. The ILZSG revised forecasts, predicting a 164,000-ton deficit in 2024 due to production cuts, especially in Europe and China, driving continued market bullishness.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_7081234aae.png&w=3840&q=75)
Zinc Prices Rise on Bullish Sentiment Amid Supply Constraints
Zinc prices went up across LME, SHFE, and MCX, driven by global supply constraints and China's economic stimulus measures. LME zinc increased by 2.19%, SHFE by 2.14%, and MCX by 2.28%. Positive macro sentiment, especially US inflation data, also contributed to the bullish momentum, with expectations of high-level fluctuations.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_3_a15b0235d4.png&w=3840&q=75)
Zinc Prices Decline as Market Faces Supply Deficits and Demand Concerns
Zinc prices have declined across LME, SHFE, and MCX markets due to economic concerns and reduced demand. Supply deficits are anticipated in 2024, driven by lower production in Europe and China, while market sentiment remains cautious following the US Fed meeting.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_4_9c9f78a324.png&w=3840&q=75)
Zinc Prices Dip as Market Sentiment Weakens and Global Deficit Looms
Zinc prices dropped across the LME, SHFE, and MCX markets, with LME closing at $3,076.5/ton, down by 3.25%. Supply concerns persist globally as the market faces a deficit of 164,000 tons in 2024. While increased output in Australia and Congo may offset some losses, challenges like heavy rains and power rationing in China have hindered refined zinc production.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_1_75af877db6.png&w=3840&q=75)
Zinc Prices Dip Slightly Amid Market Fluctuations
Zinc prices experienced slight declines across major markets last Friday, with LME closing at $3,075/ton, SHFE at 24,985 yuan/ton, and MCX at Rs 280.90/kg. Trading volumes decreased, but open interest rose in both LME and SHFE. Despite that, experts predict a bullish trend for MCX Zinc today.
Read Story
Zinc Prices Surge Amid China's Economic Boost
LME Zinc surged by 3.53% yesterday, while SHFE Zinc gained 1.27%, and MCX Zinc increased 3.08%. China's stimulus measures and favourable U.S. data continue to support zinc prices. Further, supply constraints and strong demand point to continued bullish momentum in the zinc market.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FAluminum_1_c380bad962.png&w=3840&q=75)
Aluminum Prices Rise Across LME, SHFE and MCX
Aluminum markets saw a notable increase yesterday as LME, SHFE and MCX increased. Meanwhile, China's aluminum extrusion exports rose 9.85% MoM, with India being the top destination. Looking ahead, the aluminum market remains positive, supported by macroeconomic policies and rising demand.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FZinc_1912f6176c.png&w=3840&q=75)
Zinc Prices Fall Across Major Markets, Supply Remains Tight
Zinc prices experienced slight declines across LME, SHFE, and MCX markets. LME zinc dropped by $22/ton to $2,988.5/ton, SHFE fell by 55 yuan/ton to 24,410 yuan/ton, and MCX dropped Rs 0.95 to Rs 274.05/kg. Supply remains tight, with LME inventory down by 1,725 tons.
Read Story
Zinc Prices Across LME, SHFE and MCX Edge Up
Zinc prices saw a modest increase, with LME closing 0.63% up and SHFE closing 0.55% up. MCX zinc ended at Rs 266.65/kg, up 0.43%. Trading volumes decreased on both LME and SHFE, while LME zinc recorded a bullish candlestick pattern. Market sentiment is influenced by weak US manufacturing data.
Read Story
Daily Market Report
LME, SHFE, and MCX Zinc Prices Rise as Supply Tightens
LME, SHFE, and MCX zinc prices surged amid tightening global supply. The ILZSG revised forecasts, predicting a 164,000-ton deficit in 2024 due to production cuts, especially in Europe and China, driving continued market bullishness.
Read Story
Zinc Prices Rise on Bullish Sentiment Amid Supply Constraints
Zinc prices went up across LME, SHFE, and MCX, driven by global supply constraints and China's economic stimulus measures. LME zinc increased by 2.19%, SHFE by 2.14%, and MCX by 2.28%. Positive macro sentiment, especially US inflation data, also contributed to the bullish momentum, with expectations of high-level fluctuations.
Read Story
Zinc Prices Decline as Market Faces Supply Deficits and Demand Concerns
Zinc prices have declined across LME, SHFE, and MCX markets due to economic concerns and reduced demand. Supply deficits are anticipated in 2024, driven by lower production in Europe and China, while market sentiment remains cautious following the US Fed meeting.
Read Story
Non Ferrous Bytes
Tenders
Non Ferrous FAQ
%2Fhttps%253A%252F%252Fnexizo.ai%252Fassets%252Fbg-png-msite.png&w=3840&q=30)