Latest Review of Shanghai Zinc Spot: Nov 21

Published: Nov 21, 2017 14:20

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The main price range of 0#zinc is RMB 25,400 – 25,520 / ton in Shanghai.

SHANGHAI, Nov 21 (SMM) – The main price range of 0#zinc is RMB 25,400 – 25,520 / ton in Shanghai. 0#zinc from Chinese brands is at a RMB 180 - 200 / ton premium than ZN1712, with 0#Shuangyan at a 300 – 320 yuan / ton premium. 1#zinc’s price range is 25,340 – 25,420 yuan / ton. ZN1712 fluctuated this morning and closed at RMB 25,255 / ton. Some smelters were reluctant to sell. The price trend of Chinese brand #0zinc has been strong recently with the increasing number of transactions in zinc market. Less trade were made by merchants. Downstream mostly purchased zinc imports, and the number of transactions is not as good as yesterday.

0#zinc Brand	Transaction Price (RMB)	Against ZN1712 (RMB / Ton)
Shuangyan, Chihong	25510~25640	300-320
Jiulong, Qin Zinc, Qilin, Mengzi	25390~25520	180-200
Spanish	25210~25330	0-10

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Zinc Zinc Spot ZN1712

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.

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