SMM10 15 Shanghai spot: zinc price high shock trading market continues light mood

Published: Oct 15, 2019 12:04 (GMT+8)
SMM, October 15: Shanghai Zinc mainstream transaction in 1915-19225 yuan / ton, Shuangyan transaction in 1925-19235 yuan / ton; Shuangyan ordinary to October water 120-130 yuan / ton; Shuangyan to October water 130-140 yuan / ton; Shuangyan mainstream transaction in 19145-19155 yuan / ton.

SMM, 15 October:

The mainstream transaction of zinc in Shanghai was 19075-19135 yuan / ton, that of Shuangyan and Huize was 19085-19145 yuan / ton, that of zinc was 110-120 yuan / ton in November, that of Shuangyan and Huize was 120-130 yuan / ton, and that of zinc was 19005-19065 yuan / ton. Shanghai Zinc 1911 briefly consolidated in the morning after the shock rose, the first trading session in the morning closed at 18990 yuan / ton. In the first trading session, the holder reported an increase of 120-130 yuan / ton to the 1911 contract, and the mood of shipping and receiving goods in the market was relatively low. In the second trading session, the zinc price continued to fluctuate around Wanjiu, and the holder lowered the price of rising water by 110-120 yuan / ton to the 1911 contract. As a result of the lead and zinc international annual meeting, the trader market transaction is still relatively light, some downstream enterprises purchase on demand, maintain the rigid demand purchase volume, the market overall trading is general.

Qiao brand

Transaction interval

1911

Huize, Shuangyan

19085-19145

Water 120-130

Qin Zinc, Kirin, Yuguang, Jiulong

19075-19135

Litre 110-120

SMC

19065-19125

Water 100-110


 

 

"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 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
Fundamentals show both bullish and bearish factors, SHFE zinc consolidates at highs [SMM Zinc Futures Brief]
7 hours ago
Fundamentals show both bullish and bearish factors, SHFE zinc consolidates at highs [SMM Zinc Futures Brief]
Read More
Fundamentals show both bullish and bearish factors, SHFE zinc consolidates at highs [SMM Zinc Futures Brief]
Fundamentals show both bullish and bearish factors, SHFE zinc consolidates at highs [SMM Zinc Futures Brief]
[Both bullish and bearish fundamentals exist, SHFE zinc consolidates at highs] The most-traded SHFE zinc 2611 contract opened at 26,705 yuan/mt. After the opening, SHFE zinc consolidated around the daily average, touching a high of 26,775 yuan/mt during the session, but then pulled back in the afternoon. SHFE zinc dipped to a low of 26,580 yuan/mt near the close, and finally closed down at 26,580 yuan/mt, down 95 yuan/mt, or 0.36%. Trading volume increased to 62,064 lots.....
7 hours ago
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
8 hours ago
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Read More
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
Western Mining Subsidiary Receives 17-Year License for Qinghai Polymetallic Mine
On September 22, Western Mining announced that its wholly owned subsidiary, Qinghai Ganxin Mining Development Co., Ltd. (“Ganxin Mining”), recently obtained a Mining License issued by the Department of Natural Resources of Qinghai Province. The mine, named the Geermu Tuwenchahan Iron Polymetallic Mine of Qinghai Ganxin Mining Development Co., Ltd., covers iron, copper, gold, molybdenum, zinc, lead, and silver as the permitted mining commodities. The mining license is valid from August 3, 2026, to August 30, 2043.
8 hours ago
Data: SHFE, DCE market movement (Sep 22)
8 hours ago
Data: SHFE, DCE market movement (Sep 22)
Read More
Data: SHFE, DCE market movement (Sep 22)
Data: SHFE, DCE market movement (Sep 22)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 22 Sep , 2026
8 hours ago