Metals News
[Zn Price] SMM Zinc Market Daily Review (2015-7-31)
price review forecast

SHANGHAI, Aug. 3 (SMM) – SHFE 1510 zinc contract prices opened at RMB 14,820/mt Thursday evening, then rose to RMB 14,900/mt, and closed at RMB 14,895/mt, down RMB 60/mt or 0.4%.  Trading volumes increased over 10,000 to 51,850 lots, and total positions grew 3,086 to 128,044. SHFE 1510 zinc contract prices fluctuated around the 5-day moving average today, and closed at RMB 14,885/mt, down RMB 60/mt or 0.4%. Trading volumes increased 452 to 98,136 lots, and total positions increased 3,208 to 128,166. SHFE 1509 zinc contract prices are expected to test support from the 5-day moving average.

#0 zinc prices were between RMB 15,070-15,140/mt, RMB 170-240/mt above SHFE 1510 zinc contract prices last Friday. #1 zinc prices were RMB 15,020-15,050/mt, with premiums of RMB 10-100/mt for Japanese and South Korean zinc and RMB 9-50/mt for Kazakhstan zinc. SHFE 1510 zinc contract prices hovered around RMB 14,900/mt after opening. Smelters sold modestly, while traders were holding prices firm, with supply tight. Downstream buyers took a wait-and-see posture, leaving overall transactions quiet. SHFE 1510 zinc contract prices consolidated inched lower in the afternoon, with trading improving. #0 zinc prices were around RMB 15,050/mt, with spot premiums between RMB 180-190/mt. Shuangyan zinc prices were around RMB 15,100/mt, with spot premiums of RMB 230/mt against SHFE 1510 zinc contract prices.

SHFE zinc prices
Zn Price
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data