Zinc Premiums Shrink Further in Shanghai, Buying Appetite Weakens, SMM Reports

Published: Aug 9, 2017 13:36

Save

Spot premiums of domestic zinc narrowed further by 50-70 yuan per tonne in Shanghai over SHFE September zinc today, SMM reports.

SHANGHAHI, Aug. 9 (SMM) - Spot premiums of domestic zinc narrowed further by 50-70 yuan per tonne in Shanghai over SHFE September zinc today, SMM reports.

SHFE Zinc Surges to 6-Month High after Sichuan Earthquake, SMM Reports

Downstream buyers rarely enter the market since SHFE zinc prices climbed, and overall transactions were weaker than yesterday across major markets, SMM noted. Zijin and Chihong brands remain in shortages.

Did Strong Earthquake in Xinjiang Impact Local Aluminum Plants and Lead-Zinc Mines? SMM Reports

#0 zinc traded mainly in 24,310-24,530 yuan per tonne range in Shanghai on August 9. #0 zinc prices in Guangdong were 24,280-24,310 yuan per tonne and 24,450-25,270 yuan per tonne in Tianjin, SMM data showed.

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

spot premiums zinc prices SHFE zinc spot discounts

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

20 hours ago

Terminal Performance "Uneven," Zinc Oxide Chinese New Year Break Up YoY

20 hours ago

Dual Pressures Force Die-Casting Zinc Alloy Firms to Lengthen Chinese New Year Holidays

Approaching the 2026 Chinese New Year, SMM conducted communication and research on the pre-holiday break arrangements of domestic die-casting zinc alloy enterprises. This survey covered 20 enterprises, with a total annual capacity of 829,000 mt, involving a zinc consumption scale during the holiday period of approximately 45,548 mt.

20 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

20 hours ago