Zinc Prices Rose, Overall Transaction Weakened Significantly In Shanghai

Telah Terbit: Sep 22, 2023 15:16
Mainstream traded prices of #0 zinc were 21960~22220 yuan/mt today, with 22040~22300 yuan/mt for Shuangyan zinc, and 21890~22150 yuan/mt for #1 zinc. Spot discounts fell to 20 yuan/ton over the average SMM zinc price.

Mainstream traded prices of #0 zinc were 21960~22220 yuan/mt today, with 22040~22300 yuan/mt for Shuangyan zinc, and 21890~22150 yuan/mt for #1 zinc. Spot discounts fell to 20 yuan/ton over the average SMM zinc price.

During the second trading session, regular domestic brands were quoted with premiums of 200~220 yuan/mt over the SHFE 2310 zinc contract. Shuangyan zinc was quoted with premiums of 280~300 yuan/mt over the contract. Today, zinc prices rose and downstream companies were cautious about purchasing. Trades mainly occurred among traders.

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Zinc Prices Rose, Overall Transaction Weakened Significantly In Shanghai - Shanghai Metals Market (SMM)