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Home / Metal News / Snapshot: Zinc spot market in Shanghai

Snapshot: Zinc spot market in Shanghai

iconApr 4, 2018 14:18
Source: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.

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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