News

[Zinc Concentrates Production] According to SMM, a lead-zinc ore mine in Southwest China recently began resuming work, and is expected to add nearly 1,000 mt in metal content of zinc concentrates in March.

[Zinc Concentrates Production] According to SMM, as workers resumed work after the Spring Festival, a lead-zinc mine in Central China recently resumed production, and is expected to add nearly 500 mt in metal content of zinc concentrates in March.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 04 Mar , 2026

[SHFE Zinc Remained in the Doldrums; Watch Subsequent Consumption Performance]: The most-traded SHFE zinc 2604 contract opened at 24,490 yuan/mt. After the open, SHFE zinc consolidated around the daily average line. During the session, SHFE zinc touched a high of 24,625 yuan/mt, and near the close, it dipped to 24,440 yuan/mt, finally closing up at 24,480 yuan/mt, up 20 yuan/mt..

[SMM Zinc Morning Comment] Overnight SHFE zinc posted a small bullish candlestick, but the center of the daily candlestick edged slightly lower. Overnight zinc prices traded in a narrow range, with relatively strong support at the bottom; watch...

[SMM Morning Meeting Minutes: Concerns Over Persistent Global Inflation; LME Zinc Posted Five Consecutive Down Days] Overnight, LME zinc posted five consecutive down days, with the center of the daily candlestick moving lower. As tensions in the Middle East heightened market concerns over persistent global inflation, the US dollar strengthened, putting pressure on the overall base metals complex, but......

[Stronger Dollar Weighs, SHFE Zinc Slips in Day Session]: The most-traded SHFE zinc 2604 contract opened at 24,555 yuan/mt. Early in the session, SHFE zinc touched a high of 24,720 yuan/mt, then fluctuated downward. Near the close, SHFE zinc dipped to 24,320 yuan/mt, and finally closed down at 24,370 yuan/mt, down 155 yuan/mt, a decline of 0.63%..

[Geopolitical Tensions Intensify SHFE Zinc Rises During Daytime]: The Most-Traded SHFE Zinc 2604 Contract Opened at 24,590 Yuan/mt. After Opening, SHFE Zinc Fluctuated and Rose, Reaching a Low of 24,425 Yuan/mt Early in the Session and Peaking at 24,880 Yuan/mt Towards the End, Finally Closing Up at 24,850 Yuan/mt.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Mar , 2026

[SMMSHFE zinc morning comment] On Friday, SHFE zinc recorded a bearish candlestick, with the middle Bollinger Band forming resistance above and the 40-day moving average providing support below. Due to the inventory buildup in social inventory after the Chinese New Year, and...

[SMMS Morning Meeting Summary: Sudden Geopolitical Risks in the Middle East, Zinc Prices Expected to Fluctuate at Highs] Last Friday, LME zinc recorded three consecutive days of decline, with the daily candlestick center shifting downward. The core PPI in the US reached its fastest growth rate in a year, complicating the US Fed's monetary policy. Additionally, over the weekend, a sudden geopolitical conflict erupted in the Middle East, leading to the closure of the Strait of Hormuz...

On February 28, Israeli Air Force fighter jets crossed thousands of kilometers of airspace to conduct a daylight precision strike on the center of Tehran, Iran's capital, drawing significant market attention. How will this conflict impact zinc concentrates? .

After the Chinese New Year holiday, premiums in Tianjin remained at a discount throughout February. How will premiums and discounts move going forward?

[SMM Flash] This week, premiums and discounts in the Guangdong region decreased by about 55 yuan/mt compared to pre-holiday levels. As of this Friday, the mainstream 0# zinc was quoted at a discount of 125 yuan/mt in Guangdong, and the Shanghai-Guangdong price spread narrowed.