Price Gap Hit Record High between SHFE Front- and 3-Month Zinc, Spot Zinc to Tighten in Near Term, SMM Reports

Published: Jun 8, 2017 17:19

Save

The price spread between SHFE front-month and SHFE 3-month zinc expanded to an all-time high of 1,540 yuan per tonne on June 8, SMM reported.

SHANGHAI, Jun. 8 (SMM) - The price spread between SHFE front-month and SHFE 3-month zinc expanded to an all-time high of 1,540 yuan per tonne on June 8, SMM reported.

Zinc Spot Premiums Expand in Shanghai as Supplies Tighten, SMM Reports

Spot zinc supplies in China are still insufficient, and will remain tight in the near term, SMM predicts.

Spot discounts of #0 zinc narrowed from 60-40 yuan per tonne against SHFE front-month zinc on June 2 and inverted to premiums on June 8, which expanded to above 100 yuan per tonne.

Guizhou to Build 5,000-tpy High-Performance Zinc Alloy Project

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

zinc prices TCs zinc concentrate zinc inventories LME zinc prices SHFE zinc prices zinc ore zinc supply

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 to learn 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

9 hours ago

Stronger US Dollar Weighed on SHFE Zinc, Which Slipped in Daytime Trading [SMM Zinc Futures Brief Commentary]

[Stronger Dollar Weighs, SHFE Zinc Slips in Day Session]: The most-traded SHFE zinc 2604 contract opened at 24,555 yuan/mt. Early in the session, SHFE zinc touched a high of 24,720 yuan/mt, then fluctuated downward. Near the close, SHFE zinc dipped to 24,320 yuan/mt, and finally closed down at 24,370 yuan/mt, down 155 yuan/mt, a decline of 0.63%..

9 hours ago

12 hours ago

Data: SHFE, DCE market movement (Mar 03)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Mar , 2026

12 hours ago

19 hours ago

SHFE zinc maintained range-bound trading with upside room blocked [SMM Zinc Morning Comment]

[SHFE Zinc Morning Comment] Overnight, SHFE zinc recorded a bearish candlestick, with the 20-day moving average forming resistance above and the 40-day moving average providing support below. SHFE zinc fluctuated within a range overnight. On the fundamentals side, social inventory increased by more than 35,000 mt as consumption has not yet recovered, limiting upside room, and...

19 hours ago