[SMM afternoon Review] Shanghai Zinc: spot quotation remains stable and the market transaction is mediocre

Published: Jul 6, 2020 11:30

Save

SMM7 March 6: Shanghai Zinc mainstream traded at 16780 RMB16860 / ton, Shuangyan and Chihong traded at 16800 RMB16880 / ton, Shuangyan and Chihong reported water at 70,880 yuan / tonne in July, Shuangyan and Chihong reported water at 70,880 yuan / ton in July, and Zinc mainstream traded at 16700RMB16780 / ton.

SMM7, June 6:

The mainstream turnover of zinc in Shanghai was 16780 RMB16860 / ton, while that of Shuangyan and Chihong was 16800 RMB16880 / ton, while that of Shuangyan and Chihong was 70 RMB80 / ton in July, and that of Shuangyan and Chihong was 16700tel 16780 yuan / ton. Shanghai Zinc 2007 contract intraday volatility higher, the morning market closed at 16750 yuan / ton. Smelter normal shipments, traders mainly shipments, morning market quotation stable at about 80 yuan / ton, weak transaction price down to 75 yuan / ton or so, a small number of underreported to rise water about 70 yuan / ton, soon the transaction disappeared, the overall transaction is still weak, downstream to maintain on-demand procurement, the overall transaction is roughly the same as last week.

"Brand"

Transaction interval

2007

Shuangyan and Chihong

16800Mak 16880

90What 100

Qin Zinc and Yuguang

16780Mutual 16860

70Mutual 80

SMC 、 YP 、 KZ

16750 Mutual 16830

40: 50

Zinc in the afternoon

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

May 22, 2026 18:10

Fundamentals Intertwined with Bullish and Bearish Factors, SHFE Zinc to Maintain Fluctuating Trend [SMM Zinc Futures Brief Commentary]

[Fundamentals Present Mixed Signals; SHFE Zinc Maintained Fluctuating Trend] The most-traded SHFE zinc 2607 contract opened at 24,720 yuan/mt. After the opening, SHFE zinc dipped to a low of 24,675 yuan/mt. Subsequently, bulls increased their open interest, driving SHFE zinc continuously higher above the daily average line, reaching a high of 24,935 yuan/mt during the session. It finally closed up at 24,865 yuan/mt, gaining 200 yuan/mt or 0.81%. Trading volume increased to 49,676 lots, and open interest increased by 4,625 lots to 99,206 lots.....

May 22, 2026 18:10

May 22, 2026 17:43

Imported Zinc Concentrates See Limited Offers and Declining TCs Amid Few Transactions

[Imported Zinc Concentrates Market] According to market sources, offers for imported zinc concentrates were limited recently, with very few transactions completed during the week. In terms of overall offers, near-month shipment offers for ores with by-product metals were around -$70 to -$60/dmt, with TCs continuing their downward trend overall.

May 22, 2026 17:43

Strong Demand for Domestic Zinc Concentrates Amid Unfavorable SHFE/LME Price Ratio

[Domestic Zinc Concentrates Market] According to market sources, the scrambling sentiment for ore raw materials remained strong recently. With the SHFE/LME zinc price ratio remaining unfavorable, smelters prioritized purchasing domestic zinc concentrates given the price advantage, and zinc concentrate TCs continued to decline across multiple regions in China.

May 22, 2026 17:43