SHFE Zinc Rise to RMB 26,000/mt Cools Down Spot Market, Premiums Retreat

Published: Aug 7, 2026 19:27

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【Ningbo Refined Zinc Spot Market】As SHFE zinc futures rapidly climbed to around RMB 26,000/mt, downstream buyers became increasingly cautious about purchasing at elevated prices, resulting in gradually weakening spot transactions. To stimulate sales, some holders slightly lowered spot premiums, leading to a pullback in spot premiums.

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