October 11 Shanghai zinc spot news: zinc price high pressure fall back to each brand of zinc ingot almost no price difference

Published: Oct 11, 2019 11:54
SMM, Oct. 11: the mainstream transaction of zinc in Shanghai was 19060-19120 yuan / ton, and that of Shuangyan was 1906019130 yuan / ton; that of zinc was 120-130 yuan / ton in November; that of Shuangyan was 130 yuan / ton in November; that of Shuangyan was 130yuan / ton in November; that of Shuangyan was 189901950 yuan / ton.

SMM, 11 Oct:

The mainstream transaction of zinc in Shanghai was 1906019120 yuan / ton, and that of Shuangyan was 1906019130 yuan / ton, that of zinc was 120-130 yuan / ton in November, that of Shuangyan was 130 yuan / ton in November, and that of Shuangyan was 189901950 yuan / ton. Shanghai zinc 1911 high continued to weaken, the first trading session in the morning closed at 18935 yuan / ton. In the first trading period, the average price of SMM net was flat, and some of the holders reported a rise of 130 yuan / ton to the 1911 contract. However, the transaction situation of spot discount was weak, and some of the holders took the initiative to reduce the price of zinc to 1911 yuan / tonne. In the second trading session, the zinc price continued to be weak, with the holder slightly raising the price of rising water, and some reported a rise of 130 yuan / ton to the 1911 contract. Near the first batch of long order delivery, traders are active in the market, the overall transaction is still good, downstream on-demand procurement, but due to the rapid rise in zinc prices, the overall procurement is still more cautious.

Qiao brand

Transaction interval

1911

Huize, Shuangyan

19060-19130

Rising water 130

Qin Zinc, Kirin, Yuguang, Jiulong

19060-19120

Water 120-130

KZ 、 SMC

19050-19120

Water 120


 

 

"Click to sign up for the 2019 China Zinc oxide Industry chain Trading Summit"

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

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
Glencore's 2025 Own-Source Zinc Production Rises 7% YoY, 2026 Guidance Set
22 hours ago
Glencore's 2025 Own-Source Zinc Production Rises 7% YoY, 2026 Guidance Set
Read More
Glencore's 2025 Own-Source Zinc Production Rises 7% YoY, 2026 Guidance Set
Glencore's 2025 Own-Source Zinc Production Rises 7% YoY, 2026 Guidance Set
[Zinc Concentrate Production Information] Glencore's own-source zinc production in Q4 2025 was 260,000 mt, and its full-year 2025 own-source zinc production totaled 969,400 mt, up 7% YoY, primarily benefiting from higher zinc grades at the Antamina mine and increased production at the McArthur River mine. Glencore's own-source zinc production guidance for 2026 is 700,000-740,000 mt.
22 hours ago
[SMM Analysis] Zinc Prices Hit Over Three-Year High in January, How Will They Perform in February?
22 hours ago
[SMM Analysis] Zinc Prices Hit Over Three-Year High in January, How Will They Perform in February?
Read More
[SMM Analysis] Zinc Prices Hit Over Three-Year High in January, How Will They Perform in February?
[SMM Analysis] Zinc Prices Hit Over Three-Year High in January, How Will They Perform in February?
SMM Analysis:As of January 30, the most-traded SHFE zinc contract closed at 25,835 yuan/mt, up 2,525 yuan/mt for the month, a gain of 10.83%. Zinc prices rose significantly in January, hitting a low of 23,410 yuan/mt early in the month and reaching a high of 26,985 yuan/mt by month-end, with the overall price center shifting notably higher. With the Chinese New Year holiday approaching, how will zinc prices perform in February......
22 hours ago
Domestic Consumption Weakens, SHFE Zinc Center Declines [SMM Zinc Futures Brief Review]
23 hours ago
Domestic Consumption Weakens, SHFE Zinc Center Declines [SMM Zinc Futures Brief Review]
Read More
Domestic Consumption Weakens, SHFE Zinc Center Declines [SMM Zinc Futures Brief Review]
Domestic Consumption Weakens, SHFE Zinc Center Declines [SMM Zinc Futures Brief Review]
[Weaker Domestic Consumption Drags Down SHFE Zinc Center] The most-traded SHFE zinc 2603 contract opened at 26,165 yuan/mt. After opening, bulls reduced their positions, and the SHFE zinc center continued to decline, hitting a low of 25,625 yuan/mt during the session. It finally closed down at 25,835 yuan/mt, falling 160 yuan/mt, a decrease of 0.62%. Trading volume decreased to 165,000 lots, and open interest dropped by 6,528 lots to 106,000 lots.....
23 hours ago
October 11 Shanghai zinc spot news: zinc price high pressure fall back to each brand of zinc ingot almost no price difference - Shanghai Metals Market (SMM)