Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Jul. 1 (SMM) – #0 zinc prices were between RMB 14,570-14,590/mt, with spot premiums between RMB 80-100/mt against SHFE 1310 zinc contract prices. #1 zinc prices were around RMB 14,540/mt. SHFE 1310 zinc contract prices encountered resistance at RMB 14,500/mt. Market cash flow problem eased, increasing cargo holder willingness to hold prices firm, and hedging operation also pushed up spost premiums. But downstream enterprises remained pessimistic, when combined with nearing low demand season for zinc, most of them purchased as needed, keeping transactions quiet.
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