October 24 Shanghai Zinc spot News: bill problem impact reduced rising water appeared downward

Published: Oct 24, 2019 12:14
SMM, Oct. 24: Shanghai zinc mainstream transaction in 18910-18960 yuan / ton, Shuangyan transaction in 18910-18960 yuan / ton; AZ, SMC mainstream transaction in 18890-18960 yuan / ton; zinc mainstream transaction 18860-18920 yuan / ton. The average price of water in November was 100 yuan / ton, Shuangyan was 100 yuan / ton, AZ and SMC were 80-100 yuan / ton, and the mainstream transaction was 18840-18890 yuan / ton.

SMM, 24 October:

Shanghai zinc mainstream transaction in 18910-18960 yuan / ton, Shuangyan transaction in 18910-18960 yuan / ton; AZ, SMC mainstream transaction in 18890-18960 yuan / ton; zinc mainstream transaction 1886018920 yuan / ton. The average price of water in November was 100 yuan / ton, Shuangyan was 100 yuan / ton, AZ and SMC were 80-100 yuan / ton, and the mainstream transaction was 18840-18890 yuan / ton. Shanghai zinc 1911 low shock upward, the morning market closed at 18875 yuan / ton. This morning, the spot quotation in Shanghai stock market generally quoted 120 yuan / ton for the 1911 monthly ticket, but the market buying order was weak, and the quotation was gradually reduced to 100 yuan / ton. Some of the next monthly tickets are quoted at about 10% of the net average price. The tax system upgrade the day before, the market for the current month ticket demand has weakened, this month next month note price difference has gradually narrowed. Enter the second trading session, the market quotation continues to weaken trend, spot quotation a small amount of 90 yuan / ton. Overall, trading in the market today is weaker than yesterday.

Qiao brand

Transaction interval

1911

Double swallow

18910-18960

Water 100

Qin Zinc, Kirin, Yuguang, Jiulong

18910-18960

Water 100

AZ 、 SMC

18890-18960

Liter 80-100

Zinc

18860-18920

Water 50-60

"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
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
3 hours ago
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
Read More
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
China’s Market Regulator Names Platform Economy, PV, Lithium Batteries, NEVs: Curbing “Involution” Competition
[SMM Flash News] State Administration for Market Regulation: Focus on Preventing and Addressing “Involutionary” Competition in Key Industries and Fields Such as the Platform Economy, PV, Lithium Batteries, and NEVs
3 hours ago
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
4 hours ago
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
Read More
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
Supply-Side Support Pushed the Zinc Price Center Higher [SMM Weekly Zinc Commentary]
[Support From the Supply Side Pushed the Center of Zinc Prices Higher] The most-traded SHFE zinc 2605 contract opened at 23,320 yuan/mt. In early trading, bears reduced open interest, and SHFE zinc quickly surged to a high of 23,575 yuan/mt. It then dropped back slightly, fluctuating and consolidating around 23,515 yuan/mt, before closing up at 23,540 yuan/mt, up 160 yuan/mt, or 0.68. Trading volume fell to 105,000 lots, and open interest decreased by 5,427 lots to 97,355 lots.
4 hours ago
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
4 hours ago
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
Read More
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
[SMM Conference] PbZn Conference 2026 Gathers Global Leaders to Navigate Evolving Market Dynamics
On March 27, the 2026 SMM (21st) Lead & Zinc Conference and Industry Expo, organized by SMM, wrapped up successfully at Howard Johnson Agile Plaza in Chengdu, Sichuan!
4 hours ago