April 9 Guangdong zinc market news: the market shipment volume is larger than the demand obviously

Published: Apr 9, 2020 11:46

Save

SMM4 9: Guangdong zinc mainstream transaction in 15560-15680 yuan / ton, the offer focused on Shanghai zinc 2005 contract discount 10-20 yuan / ton, Guangdong market compared with Shanghai stock market discount 90 yuan / ton narrower than the previous trading day 10 yuan. In the first trading period, the shipments of the shippers were relatively positive, and some of the shippers took the initiative to lower the prices, a small number of transactions between traders, and a small number of purchases downstream. Kirin, Mengzi, Huize and Tiefeng quoted prices for the Shanghai zinc May contract discount of 10-20 yuan / ton. The second trading period, downstream in the case of falling orders, the purchase volume is limited, the market shipment traders are more, the supply exceeds the demand obviously, the market transaction gradually tilts to the low discount price. Kirin, Mengzi, Huize and Tiefeng offer 20 yuan / ton to the May contract. Qilin, Mengzi, Huize, Tiefeng mainstream transaction in 15560-15680 yuan / ton.

) lead and Zinc Summit "

Scan the QR code to sign up for the lead and zinc summit and fill in the personal information at the end of the page, and the conference staff will contact you later!

Zinc

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

JISCO Unveils China's First Zinc-Aluminum-Magnesium Product After Six Years of Research

2 hours ago

JISCO Achieves Breakthrough: Launches China's First Large-Scale Zinc-Aluminum-Magnesium Products

According to China News Service, on April 16, at the plant of Jiuquan Iron and Steel (Group) Co., Ltd. in Jiayuguan City, Gansu Province, automated equipment was producing a new generation of zinc-aluminum-magnesium products. It was reported that the group assembled a specialized team to tackle zinc-aluminum-magnesium technology. Against the backdrop of formidable external technical barriers and the absence of batch production track records in China, the team spent six years of intensive efforts to produce China's first coil of zinc-aluminum-magnesium products with proprietary intellectual property rights. At the end of 2025, JISCO's new generation of zinc-aluminum-magnesium products was unveiled. This product category represents the most technically challenging variety in the hot-dip galvanizing industry. JISCO is the only company in China to have achieved large-scale batch production, filling the technological gap in related fields in China. The products have been successfully applied in highly corrosive environments such as cooling towers, motor housings, energy storage, and offshore PV, and have been exported to multiple countries including Thailand, the Philippines, and Argentina.

2 hours ago

3 hours ago

Ore supply remains tight, SHFE zinc center moves upward [SMM zinc morning comment]

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2605 contract opened at 23,960 yuan/mt. At the beginning of the session, bears reduced positions, briefly pushing zinc prices up to touch a high of 24,070 yuan/mt. However, lacking upward momentum, SHFE zinc fluctuated downward throughout the session, hitting a low of 23,915 yuan/mt before finally closing at 23,935 yuan/mt, up 30 yuan/mt (0.13%). Trading volume dropped to 33,598 lots, while open interest fell by 3,378 lots to 63,962 lots.

3 hours ago