East China Zinc Ingot Market Slows as Traders Halt Operations Before Chinese New Year

Published: Feb 11, 2026 11:53
[SMM East China Zinc Ingot Spot Market] Entering the last trading week before the Chinese New Year, most downstream enterprises were on holiday. Coupled with tight logistics ahead of the holiday, zinc ingot traders in the east China market gradually suspended operations this week, showing a weak willingness to sell. Trading activity in the market remained sluggish recently.

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
An Early Look at the Resumption of Work at Galvanizing Enterprises in 2026! [SMM Analysis]
Common.Time.hoursAgo
An Early Look at the Resumption of Work at Galvanizing Enterprises in 2026! [SMM Analysis]
Read More
An Early Look at the Resumption of Work at Galvanizing Enterprises in 2026! [SMM Analysis]
An Early Look at the Resumption of Work at Galvanizing Enterprises in 2026! [SMM Analysis]
According to SMM research, most galvanising enterprises resumed production between the tenth day (February 26) and the sixteenth day (March 4) of the first lunar month. Small and medium-sized enterprises generally resumed operations after the Lantern Festival (March 2), with an average holiday duration of around 21 days.
Common.Time.hoursAgo
SMM Zn50 Weekly TC Rises as Domestic Mines Resume Post-Holiday Production
Common.Time.hoursAgo
SMM Zn50 Weekly TC Rises as Domestic Mines Resume Post-Holiday Production
Read More
SMM Zn50 Weekly TC Rises as Domestic Mines Resume Post-Holiday Production
SMM Zn50 Weekly TC Rises as Domestic Mines Resume Post-Holiday Production
As of February 27, the SMM Zn50 domestic weekly TC average price rose by 50 yuan/mt in metal content from the pre-holiday level to 1,550 yuan/mt in metal content. According to SMM, as the Chinese New Year holiday ended, domestic mines gradually resumed production. Meanwhile, imported zinc concentrates previously ordered by smelters continued to arrive, leaving domestic smelters' raw material inventory relatively ample. Consequently, processing fees in some domestic regions increased for March.
Common.Time.hoursAgo
Heavy Rainfall Hits Australia, Disrupting Ore Transportation and Triggering Flood Warnings
Common.Time.hoursAgo
Heavy Rainfall Hits Australia, Disrupting Ore Transportation and Triggering Flood Warnings
Read More
Heavy Rainfall Hits Australia, Disrupting Ore Transportation and Triggering Flood Warnings
Heavy Rainfall Hits Australia, Disrupting Ore Transportation and Triggering Flood Warnings
It was reported that recently, large inland areas of South Australia, parts of the Northern Territory, Queensland, and New South Wales were hit by heavy rainfall. The Bureau of Meteorology warned that widespread storms would persist, flood warnings were issued for many areas, and freight traffic was disrupted in some regions. Affected by this, ore transportation in Australia was recently impacted to some extent, and the recovery time is currently unknown.
Common.Time.hoursAgo