13th National Games Barely Distress Zinc Consumption, SMM Reports

Published: Aug 28, 2017 17:07
The opening of the 13th National Games did not constrain downstream consumption. Downstream buyers purchased even more actively at lower zinc prices.

SHANGHAI, Aug. 28 (SMM) – The opening of the 13th National Games did not constrain downstream consumption. Downstream buyers purchased even more actively at lower zinc prices.

Spot premiums of regular zinc brands in Tianjin were 350-450 yuan per tonne over September zinc on the SHFE on August 28, SMM data showed.

Traders Sell Actively on Fears for Zinc Premium Fall, SMM Reports

Downstream buying interest weakened from yesterday.

Gamsberg Zinc Mine Project to Recover Output at Vedanta Subsidiary

#0 zinc traded mainly in 26,250-26,900 yuan per tonne range in Tianjin on August 28, 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 for 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
Guangdong Zinc: Zinc Prices Rise, Market Trading Atmosphere Sluggish [SMM Midday Review]
2 hours ago
Guangdong Zinc: Zinc Prices Rise, Market Trading Atmosphere Sluggish [SMM Midday Review]
Read More
Guangdong Zinc: Zinc Prices Rise, Market Trading Atmosphere Sluggish [SMM Midday Review]
Guangdong Zinc: Zinc Prices Rise, Market Trading Atmosphere Sluggish [SMM Midday Review]
[Guangdong: Zinc Prices Rise, Trading Sluggish] Guangdong 0# zinc traded at 25,035-25,220 yuan/mt, with mainstream brands quoted discounts of 80-60 yuan/mt against the 2609 contract and a discount of 70 yuan/mt against Shanghai spot cargo. Shanghai-Guangdong price spread maintained...
2 hours ago
Tianjin Zinc: High Zinc Prices Unbearable for Downstream [SMM Midday Review]
3 hours ago
Tianjin Zinc: High Zinc Prices Unbearable for Downstream [SMM Midday Review]
Read More
Tianjin Zinc: High Zinc Prices Unbearable for Downstream [SMM Midday Review]
Tianjin Zinc: High Zinc Prices Unbearable for Downstream [SMM Midday Review]
[Tianjin Zinc: High Zinc Prices Unbearable for Downstream] In the Tianjin market, mainstream transactions of #0 zinc ingot were at 24,980-25,300 yuan/mt, Zijin transactions were at 25,080-25,360 yuan/mt, #1 zinc ingot transactions were around 24,980-25,220 yuan/mt, Zijin was quoted around a discount of 20 yuan/mt to a premium of 30 yuan/mt against the 2609 contract, Huxin was quoted at 26,480 yuan/mt, #0 zinc ingot was quoted at a discount of 30-120 yuan/mt against the 2609 contract, and the Tianjin market was quoted at a discount of around 110 yuan/mt against Shanghai.
3 hours ago
[SMM Flash] August China Sulphuric Acid Guidance Price Released, Calculated Using SMM Copper Concentrate Index
4 hours ago
[SMM Flash] August China Sulphuric Acid Guidance Price Released, Calculated Using SMM Copper Concentrate Index
Read More
[SMM Flash] August China Sulphuric Acid Guidance Price Released, Calculated Using SMM Copper Concentrate Index
[SMM Flash] August China Sulphuric Acid Guidance Price Released, Calculated Using SMM Copper Concentrate Index
On August 5, 2026, after communicating with major enterprises and filing with the National Development and Reform Commission, the Sulphuric Acid Association and the Phosphate and Compound Fertilizer Association jointly decided: to ensure fair and relatively stable prices, the "latest copper concentrate TCs" in the original guidance price formula was revised to the "average of the past three months' copper concentrate TCs". After careful consideration, the copper concentrate TCs used in the calculation are based on the SMM Copper Concentrate Index. Calculated based on the new formula, the August smelting sulphuric acid guidance price is 1,555 yuan/mt. Historical guidance prices were May (1,406 yuan/mt), June (1,456 yuan/mt), and July (1,574 yuan/mt).
4 hours ago
13th National Games Barely Distress Zinc Consumption, SMM Reports - Shanghai Metals Market (SMM)