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

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

Jun 8, 2017 17:19

Source: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.

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

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Total zinc inventories across seven Chinese markets stood at 128,700 mt as of November 19, down 2,600 mt from November 12 and 6,500 mt from November 15.

Nov 19, 2021 14:03

Analysis

Zinc Social Inventories Down 2,600 mt on Week

Zinc Social Inventories Up 8,100 mt over the Weekend

Total zinc inventories across seven Chinese markets stood at 147,200 mt as of October 18, up 8,100 mt from Friday October 15 and 10,600 mt from last Monday October 11.

Oct 18, 2021 14:34

Analysis

Zinc Social Inventories Up 8,100 mt over the Weekend

Spot copper concentrate TCs broke through $50/mt mark

As of Friday July 16, the SMM Imported Copper Concentrate Index (weekly) stood at $50.82/mt, $3.74/mt higher than a week earlier, rising for 14 consecutive weeks.

Jul 19, 2021 13:28

Analysis

Spot copper concentrate TCs broke through $50/mt mark

Antofagasta reached agreement over TCs for long-term contract of copper concentrate with Chinese mainstream copper smelters

Antofagasta and Chinese mainstream copper smelters have reached an agreement on June 30 over the TCs for long-term contracts of copper concentrate in H1 2022.

Jun 30, 2021 13:20

Industry

Antofagasta reached agreement over TCs for long-term contract of copper concentrate with Chinese mainstream copper smelters

Chinese-owned Mirador copper project in Ecuador begins production

The project is expected to process 20 million mt of copper ore and produce 96,000 mt of copper in a year

Jul 22, 2019 13:58

Industry SMM Insight

Chinese-owned Mirador copper project in Ecuador begins production

Zinc concentrate benchmark TC lowest since 2006 on tight supply

The 2018 annual benchmark zinc concentrate treatment charges (TCs) dropped 14.5% from that of 2017 to a 12-year low as supply dwindled.

May 4, 2018 12:06

SMM Comments

Zinc concentrate benchmark TC lowest since 2006 on tight supply

Will Zinc Ore Shortages Remain the Driver of Zinc Price Gains in 2018? SMM Reports

Zinc prices maintained upward momentum in 2017, thanks to the fundamental story. LME zinc refreshed a 10-year high, and SHFE zinc jumped above 27,000 yuan per tonne, up over 20% so far this year.

Oct 30, 2017 16:41

SMM Insight Industry

Will Zinc Ore Shortages Remain the Driver of Zinc Price Gains in 2018? SMM Reports

What’s Impact from Closure of Fankou Lead-Zinc Mine? SMM Reports

Fankou lead-zinc mine will close for 15 days for checks on its electric wire and cable as required. What’s the impact from the closure?

Oct 11, 2017 09:53

SMM Insight

What’s Impact from Closure of Fankou Lead-Zinc Mine? SMM Reports

Imported Zinc Prices Catch up with Domestic Zinc on Supply Shortfalls, Discounts Expand in Guangdong, SMM Reports

Prices for SMC imported zinc rose close to domestic #0 zinc prices at one point today due to supply tightness, SMM reports.

Aug 10, 2017 16:15

SMM Insight Industry

Imported Zinc Prices Catch up with Domestic Zinc on Supply Shortfalls, Discounts Expand in Guangdong, SMM Reports

Zinc Price to Hold Strong Reaping Fundamental Benefits, SMM Foresees

Zinc prices will fluctuate at highs this week since fundamentals will continue to underpin zinc prices, SMM foresees.

Aug 7, 2017 13:41

SMM Insight Industry

Zinc Price to Hold Strong Reaping Fundamental Benefits, SMM Foresees

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

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