Spot Transactions In Shanghai Zinc Market Were Sluggish Amid High Zinc Prices

Publié: Nov 8, 2023 15:14
Mainstream traded prices of #0 zinc were 21660~21750 yuan/mt today, with 21760~21850 yuan/mt for Shuangyan zinc, and 21590~21680 yuan/mt for #1 zinc. In the morning, spot discounts were 10 ~ 20 yuan/mt over the average SMM zinc price.

Mainstream traded prices of #0 zinc were 21660~21750 yuan/mt today, with 21760~21850 yuan/mt for Shuangyan zinc, and 21590~21680 yuan/mt for #1 zinc. In the morning, spot discounts were 10 ~ 20 yuan/mt over the average SMM zinc price.

During the second trading session, regular domestic brands were quoted with premiums of 60 yuan/mt over the SHFE 2312 zinc contract. Shuangyan zinc was quoted with premiums of 150~160 yuan/mt over the contract. Zinc prices were running at a high level today, and downstream companies were cautious in purchasing. The premiums continued to fall, and the overall transaction volume was poor.

Déclaration sur la source des données : À l'exception des informations publiques, toutes les autres données sont traitées par SMM sur la base d'informations publiques, d'échanges avec le marché et en s'appuyant sur le modèle de base de données interne de SMM. Ils sont fournis à titre indicatif uniquement et ne constituent pas des recommandations décisionnelles.

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Spot Transactions In Shanghai Zinc Market Were Sluggish Amid High Zinc Prices - Shanghai Metals Market (SMM)