SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / SMM Daily Review - 2012/5/18 Zinc Market

SMM Daily Review - 2012/5/18 Zinc Market

iconMay 21, 2012 09:17
Last Friday, SHFE three-month zinc contract prices opened at RMB 14,910/mt and moved between RMB 14,850-14,950/mt around the moving average during the day, once touching the 5-day moving average.

SHANGHAI, May 21 (SMM) -- Last Friday, SHFE three-month zinc contract prices opened at RMB 14,910/mt and moved between RMB 14,850-14,950/mt around the moving average during the day, once touching the 5-day moving average. As LME zinc prices plummeted due to rising US dollar index, SHFE three-month zinc contract prices slid after opening and hit a new low at RMB 14,785/mt, with prices paring some losses and finally closing at RMB 14,855/mt, down RMB 85/mt. Trading volumes decreased by over 8,532 lots to 95,034 lots, and total position decreased by 2,060 lots to 165,960 lots.

In domestic spot markets, discounts of #0 zinc against SHFE three-month zinc contract prices narrowed were RMB 60/mt, with traded prices between RMB 14,830-14,850/mt. Spot prices were very firm. #1 zinc prices were around RMB 14,820/mt. Traders replenished stocks at lower prices after delivery, and downstream buying interest was strong, causing transactions to improve.
 

zinc
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.