Zinc Premiums Contract in Shanghai, Deals Lose Luster after SHFE Zinc Rises, SMM Reports

Published: Aug 8, 2017 13:58
Spot premiums of domestic zinc narrowed 30-50 yuan per tonne in Shanghai over SHFE September zinc, SMM reports.

SHANGHAI, Aug. 8 (SMM) – Spot premiums of domestic zinc narrowed 30-50 yuan per tonne in Shanghai over SHFE September zinc, SMM reports.

Zinc Inventories Hold Stable in China Major Markets, SMM Reports

Downstream buyers take a wait-and-see attitude after SHFE zinc prices climbed, and overall transactions were weaker than yesterday, SMM noted.

China Refined Zinc Output Falls in July, but to Grow in August, SMM Says

#0 zinc traded mainly in 23,950-24,130 yuan per tonne range in Shanghai on August 8. #0 zinc prices in Guangdong were 23,910-23,970 yuan per tonne and 24,050-24,900 yuan per tonne in Tianjin, SMM data showed.

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

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
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
30 mins ago
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
Read More
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
[SMM Flash News] State Administration for Market Regulation: Focus on Preventing and Addressing “Involutionary” Competition in Key Industries and Fields Such as the Platform Economy, PV, Lithium Batteries, and NEVs
30 mins ago
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
1 hour ago
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
Read More
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
[Support From the Supply Side Pushed the Center of Zinc Prices Higher] The most-traded SHFE zinc 2605 contract opened at 23,320 yuan/mt. In early trading, bears reduced open interest, and SHFE zinc quickly surged to a high of 23,575 yuan/mt. It then dropped back slightly, fluctuating and consolidating around 23,515 yuan/mt, before closing up at 23,540 yuan/mt, up 160 yuan/mt, or 0.68. Trading volume fell to 105,000 lots, and open interest decreased by 5,427 lots to 97,355 lots.
1 hour ago
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
1 hour ago
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
Read More
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
On March 27, the 2026 SMM (21st) Lead & Zinc Conference and Industry Expo, organized by SMM, wrapped up successfully at Howard Johnson Agile Plaza in Chengdu, Sichuan!
1 hour ago
Zinc Premiums Contract in Shanghai, Deals Lose Luster after SHFE Zinc Rises, SMM Reports - Shanghai Metals Market (SMM)