Shanghai Zinc: Significant Rise in Futures Market, Spot Premiums Adjusted Downward [SMM Midday Review]

게시됨: Apr 25, 2025 12:02
Shanghai Zinc: Futures Market Rose Significantly, Spot Premiums Adjusted Downward. Today, the mainstream transaction prices of 0# zinc were concentrated at 23,155-23,285 yuan/mt, with no transactions for Shuangyan. The mainstream transaction prices of 1# zinc were at 23,085-23,215 yuan/mt. In the morning session, the market quoted premiums of 0-20 yuan/mt against the average price, with fewer quotes against the futures market.
SMM April 25: Today, the mainstream transaction prices of #0 zinc ingot were concentrated at 23,155~23,285 yuan/mt, with no transactions for Shuangyan. The mainstream transaction prices of #1 zinc ingot were at 23,085~23,215 yuan/mt. In the morning session, the market quoted premiums of 0~20 yuan/mt against the average price, with fewer quotes against the futures market. In the second trading session, domestic ordinary brands were quoted at premiums of 180~190 yuan/mt against the 2505 contract, Huize at premiums of 300 yuan/mt against the 2505 contract, the high-priced brand Shuangyan at premiums of 320 yuan/mt against the 2505 contract, and Hanzinc at premiums of 130 yuan/mt against the 2505 contract. Recently, some traders have been continuously pre-selling imported zinc ingots at low prices, squeezing out domestic zinc ingot transactions. Coupled with the significant rise in the futures market, downstream sentiment has been cautious, and purchase willingness was low today. Traders lowered spot premiums MoM to facilitate sales, but overall transaction performance remained sluggish.

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn