SMM Zinc Market Daily Review (2015-5-5)

Published: May 06, 2015 09:19 (GMT+8)

Save

SHFE 1507 zinc contract prices opened at RMB 17,210/mt Monday evening, then dipped to RMB 17,115/mt, and fluctuated around RMB 17,115/mt, and closed at RMB 17,170/mt, down RMB 10/mt or 0.06%.

SHANGHAI, May 6 (SMM) – SHFE 1507 zinc contract prices opened at RMB 17,210/mt Monday evening, then dipped to RMB 17,115/mt, and fluctuated around RMB 17,115/mt, and closed at RMB 17,170/mt, down RMB 10/mt or 0.06%. SHFE 1507 zinc contract prices opened at RMB 17,155/mt on Tuesday, then fell to RMB 17,015/mt at one point, and rallied in the afternoon, and closed at RMB 17,070/mt, down RMB 110/mt or 0.64%. Trading volumes decreased 23,404 to 146,900 lots, and total positions decreased 808 to 161,892. SHFE 1507 zinc contract prices are expected to stay high this evening.

#0 zinc prices were between RMB 16,960-17,010/mt, RMB 140-100/mt below SHFE 1507 zinc contract prices. #1 zinc was traded between RMB 16,900-16,930/mt. SHFE 1507 zinc contract prices fell all the way after opening, causing spot discounts to narrow RMB 20/mt. Prices spread between Shuangyan and other zinc brands contracted slightly. SHFE 1507 zinc contract prices dipped to RMB 17,020/mt at one point at the end of trading, with spot discounts narrowing to RMB 100/mt at one point. Smelters sold actively in the morning, and some cargo holders also moved goods proactively due to narrowing spot discounts, leading to ample supply. Trading between traders was brisk, but downstream buyers purchased as needed, leaving overall transactions lackluster. Shuangyan #0 zinc prices were RMB 16,990-17,010/mt, RMB 120-100/mt below SHFE 1507 zinc contract prices. Yuguang and Huize #0 zinc prices were RMB 16,970-16,990/mt, RMB 140-120/mt below SHFE 1507 zinc contract prices. Qilin, Qinxin and Jiulong #0 zinc prices were RMB 16,960-16,980/mt, with spot discounts of RMB 140-130/mt against SHFE 1507 zinc contract prices. Baohui, SMC and Tongguan #0 zinc prices were RMB 16,960-16,970/mt, with spot discounts of RMB 150/mt against SHFE 1507 zinc contract prices. Namibia’s #0 zinc prices were RMB 16,920-16,930/mt, with spot discounts of RMB 200/mt against SHFE 1507 zinc contract prices. SHFE 1507 zinc contract prices fluctuated around RMB 17,070/mt in the afternoon, with spot discounts narrowing to RMB 120-100/mt.

zinc prices

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

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

Oct 02, 2026 14:34 (GMT+8)

【Flash | Coherent’s PhotonLink Sets the Stage for a Commercial Indium Phosphide (InP) Ramp】

Coherent launched PhotonLink, an integrated optics platform for AI infrastructure incorporating Indium Phosphide (InP) lasers, silicon photonics, detectors and optical modules. The company disclosed more than 10 CPO engagements, over 10 NPO engagements and more than five chip-to-chip connectivity projects, with anchor customers and long-term agreements secured for both CPO and NPO. Revenue is expected to begin ramping in Q4 2026. Coherent has shipped over 300 million InP lasers and is expanding its 6-inch InP manufacturing capacity to support the ramp. The customer pipeline provides a clearer commercial demand signal for InP devices and upstream materials, although additional capacity and indium consumption were not disclosed.

Oct 02, 2026 14:34 (GMT+8)

Oct 02, 2026 10:38 (GMT+8)

Nine Mile’s Second Rig Arrives at Tribag–West Wedge to Test Seven Electromagnetic Targets

Nine Mile Metals announced that its second rig had arrived at Tribag–West Wedge in New Brunswick, Canada, with drilling expected to begin at Tribag in the coming days. Seven modelled electromagnetic targets are associated with the Tribag lead-zinc and West Wedge copper-lead-zinc occurrences. Wedge drilling continues in parallel. By September 21, the company had completed 18 holes totaling 4,934.50 metres of its 10,000-metre annual program. The conductors remain geophysical targets requiring drilling to establish their source.

Oct 02, 2026 10:38 (GMT+8)

Oct 01, 2026 10:06 (GMT+8)

【SMM Flash News】Masivo Intersects 32.50 Metres of Lead-Zinc-Bearing Polymetallic Mineralization at Cerro Colorado.

Masivo Silver reported assays from CC-26-001, its first hole at Cerro Colorado in Sonora, Mexico. The hole intersected 32.50 metres from 226.30 to 258.80 metres averaging 0.271% zinc, 0.141% lead and 7.0 g/t silver. Technical difficulties ended drilling at 259.5 metres while the hole remained within mineralized rock.

Oct 01, 2026 10:06 (GMT+8)