Aluminium Wire Rod
Aluminium wire rods are semifinished products made from aluminium, used as the raw material for producing electrical wires and cables. If you are looking for re...
Aluminium Wire Rod Bytes
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Aluminium Wire Rod Tenders
Aluminium Wire Rod Market Reports
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Zinc Prices Edge Up with Support from Increased Consumption and Spot Premiums
Zinc prices showed modest gains across major exchanges, with LME zinc rising by 0.35%, SHFE increasing by 0.88%, and MCX zinc up by 0.29%. This uptick came amid slight improvements in consumption, high spot premiums, and rumours of production cuts. The global zinc market also faces a widening deficit, although China's zinc production has increased slightly.
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Zinc Market Outlook: A Steady Increase Seen Amid Supply Concerns
Zinc prices have experienced a slight increase recently, supported by a weaker US dollar and improved consumption in the SHFE market. However, market sentiment remains cautious as traders await US Federal Reserve signals. The opening of the Kipushi mine in the DR Congo also took place.
Read Story
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Zinc Prices Edge Higher Amid Supply Concerns and China’s Export Reforms
Zinc prices have shown mixed trends across global markets, with LME and MCX witnessing slight gains, while SHFE registered a dip due to weaker trading volumes and policy concerns. Global zinc inventories remain tight, with the deficit growing to 66,300 mt in August.
Read Story
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Zinc Market Update: Bearish Momentum and Supply Challenges Impact Prices
Zinc prices have been under pressure, experiencing significant declines across major trading platforms including LME, SHFE, and MCX. The market is facing weak demand conditions, with a rise in the U.S. dollar and limited support from macroeconomic policies affecting sentiment. Despite a slight rise in open interest, market sentiment remains bearish.
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Zinc Market Update: LME, MCX and SHFE Prices Fall as Supply Tensions Ease
Zinc prices have been experiencing fluctuations across multiple markets. The LME zinc price dropped by 4.65% with SHFE prices falling by 0.62%. On the MCX, zinc closed at a decrease of 3.23%. Inventory levels have increased, particularly with a rise in LME stocks, easing some short-term supply concerns.
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Zinc Prices Take a Hit, Market Reacts to Supply Tightness and Production Gains
Zinc prices have experienced fluctuations, with LME zinc closing at $3,099.5/mt last Friday, down 2.35%. SHFE zinc closed 0.1% down and MCX zinc fell 2.44% to Rs 287.35/kg. Increasing inventories and tight supply conditions are affecting prices, with China’s refined zinc production rising by 2% in September.
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Zinc Prices Surge Amid Supply Disruptions and Economic Stimulus from China
Zinc prices surged across global markets, driven by supply disruptions and China's economic stimulus. The zinc market faces a projected deficit of 164,000 tons in 2024. China's economic growth boosted optimism for zinc demand, leading to price fluctuations.
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Zinc Prices Increase Across LME, SHFE and MCX; Global Zinc Supply Deficit Expected to Impact 2024 Production
The zinc market experienced bullish trends across key exchanges, with LME, SHFE, and MCX all increasing. The global zinc market is expected to face a significant supply deficit in 2024, with demand outpacing production due to a raw material shortage. Meanwhile, major zinc producers like Hindustan Zinc posted strong profits, supported by robust revenues and strategic investments.
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Zinc Market Update: Prices Show Mixed Trends Amid Supply Deficit
The zinc market is experiencing fluctuating prices across key exchanges, driven by global supply deficits and changing demand forecasts. While LME prices saw a slight increase, SHFE and MCX prices experienced declines. Supply constraints, particularly in Europe and China, are contributing to a projected supply deficit for 2024.
Read Story
Aluminium Wire Rod Market Reports
Zinc Prices Edge Up with Support from Increased Consumption and Spot Premiums
Zinc prices showed modest gains across major exchanges, with LME zinc rising by 0.35%, SHFE increasing by 0.88%, and MCX zinc up by 0.29%. This uptick came amid slight improvements in consumption, high spot premiums, and rumours of production cuts. The global zinc market also faces a widening deficit, although China's zinc production has increased slightly.
Read Story
Zinc Market Outlook: A Steady Increase Seen Amid Supply Concerns
Zinc prices have experienced a slight increase recently, supported by a weaker US dollar and improved consumption in the SHFE market. However, market sentiment remains cautious as traders await US Federal Reserve signals. The opening of the Kipushi mine in the DR Congo also took place.
Read Story
Zinc Prices Edge Higher Amid Supply Concerns and China’s Export Reforms
Zinc prices have shown mixed trends across global markets, with LME and MCX witnessing slight gains, while SHFE registered a dip due to weaker trading volumes and policy concerns. Global zinc inventories remain tight, with the deficit growing to 66,300 mt in August.
Read Story
Aluminium Wire Rod FAQ
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