Snapshot: Zinc spot market in Shanghai

Published: Apr 4, 2018 14:18

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Sellers in the zinc spot market in Shanghai held back as the SHFE 1805 contract rebounded after touching a low of 24,600 yuan/mt on the morning of Wednesday April 4.

SHANGHAI, Apr 4 (SMM) – Sellers in the zinc spot market in Shanghai held back as the SHFE 1805 contract rebounded after touching a low of 24,600 yuan/mt on the morning of Wednesday April 4, SMM learned. The 0# zinc traded at 24,650-24,760 yuan/mt.

The 0# common brand traded flat to a premium of 10 yuan/mt against the SHFE 1805 contract, compared with a discount of 10-0 yuan/mt the previous day. The 0# Shuangyan brand traded at a premium of 20-30 yuan/mt, and 1# zinc at 24,610-24,700 yuan/mt at noon.

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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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