CAAM: China's NEV Production and Sales Up 6.7% and 7.3% YoY in H1 2023

[SMM Zinc Morning Brief: US Dollar Index Rose from Lows, LME Zinc Stays High]: Last Friday, LME zinc opened at $3,616.5/mt. After opening, LME zinc drifted higher, touching a high of $3,637.5/mt before pulling back all the way. Near the night session, LME zinc dipped to a low of $3,580/mt. Then LME zinc rebounded from the low to near the daily average line, finally settling at $3,611.5/mt, down $4.5/mt or 0.12%. Trading volume decreased to 12,329 lots, and open interest fell by 469 lots to 268,000 lots...

[SMM Zinc Morning Comment: Fundamentals Show Both Bullish and Bearish Factors, SHFE Zinc Consolidates at Highs] Last Friday, the most-traded SHFE zinc 2608 contract opened at 24,790 yuan/mt, dipped to a low of 24,780 yuan/mt in early trading, then drifted higher after the opening, hitting a high of 24,945 yuan/mt, before pulling back to near the daily average line, maintaining a fluctuating trend, and finally closing flat at 24,865 yuan/mt, with trading volume decreasing to 37,825 lots..

[Shanghai Refined Zinc Market] SHFE zinc prices rose notably this week compared with the previous week. However, downstream demand remained weak amid the seasonal slowdown, with buyers continuing to procure only on an as-needed basis. Spot market transactions were generally sluggish, although traders maintained relatively firm quotations. Overall, spot premiums fluctuated at low levels during the week.