Zinc Trading Recovers across China Major Markets, SMM Reports

Published: Aug 7, 2017 13:25

Save

Trading in spot zinc markets including Shanghai, Guangdong and Tianjin is better today due to lower SHFE zinc price, SMM reports.

SHANGHAI, Aug. 7 (SMM) – Trading in spot zinc markets including Shanghai, Guangdong and Tianjin is better today due to lower SHFE zinc price, SMM reports.

China Imported Zinc Supply to Grow as Import Profit Window Reopens, SMM Says

Supplies of Zijin and Chihong #0 zinc were tight due to maintenance at smelters of the two brands.

Zinc Price Buoyant as One Large Chinese Zinc Smelter to Cut Output for Maintenance in August, SMM Reports

#0 zinc traded mainly in 23,390-23,580 yuan per tonne range in Shanghai on August 7. #0 zinc prices in Guangdong were 23,340-23,370 yuan per tonne and 23,500-24,430 yuan per tonne in Tianjin, SMM data showed.

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

zinc prices zinc inventories LME zinc SHFE zinc zinc trading

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

3 hours ago

China Inventory Continued to Increase, Market Intertwined with Bullish and Bearish Factors [SMM Zinc Morning Comment]

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2606 contract opened lower with a gap at 24,180 yuan/mt. At the beginning of the session, SHFE zinc fluctuated downward with small fluctuations to a low of 24,125 yuan/mt. Subsequently, bears reduced their open interest, and the price fluctuated upward above the daily average line to a high of 24,250 yuan/mt. At the end of the session, it moved sideways, ultimately closing lower at 24,205 yuan/mt, down 45 yuan/mt or 0.19%. Trading volume decreased to 37,900 lots, and open interest decreased by 1,278 lots to 92,124 lots.

3 hours ago

Macro and Fundamentals Resonate, LME Zinc Center Shifts Higher [SMM Morning Meeting Minutes]

[SMM Morning Meeting Minutes: Macro and Fundamentals Resonate, LME Zinc Center Rises] Overnight, LME zinc opened at $3,365/mt. At the beginning of the session, LME zinc dipped slightly to $3,357/mt, then prices continued to rise, reaching a high of $3,442/mt. Late in the session, prices pulled back slightly from highs to consolidate, ultimately closing up at $3,409.5/mt, up $51/mt, a gain of 1.52%. Trading volume increased to 101,000 lots, and open interest increased by 4,648 lots to 236,000 lots.

3 hours ago

17 hours ago

Newmont Reports 35% Increase in Q1 2026 Zinc Production, Aims for 220,000 mt Annually

[Newmont Announced Q1 2026 Production] On April 23, Newmont released its Q1 2026 report, which showed that its zinc concentrates production was 62,000 mt in Q1, up 35% YoY, mainly due to improved grade at the Peñasquito mine. Its zinc concentrates production guidance for 2026 was 220,000 mt.

17 hours ago