October 25 Shanghai Zinc spot News: long single transaction has come to an end and the spot water has fallen further.

Published: Oct 25, 2019 12:03 (GMT+8)
SMM, Oct. 25: Shanghai Zinc mainstream transaction in 18790-18875 yuan / ton, Shuangyan transaction in 18800-18875 yuan / ton; Shuangyan reported 90-100 yuan / ton in November; Shuangyan reported 100 yuan / ton in November; the mainstream transaction was 18720-18805 yuan / ton.

SMM, 25 Oct:

The mainstream transaction of zinc in Shanghai was 18790-18875 yuan / ton, and that of Shuangyan was 18800-18875 yuan / ton, that of Shuangyan was 90-100 yuan / ton in November, that of Shuangyan was 100 yuan / ton in November, and that of Shuangyan was 18720-18805 yuan / ton. Shanghai zinc 1911 low shock upward, the morning market closed at 18725 yuan / ton. Today, the last day of the long single, the Shanghai stock market spot water further decline, some of the morning tentative offer to 1911 yuan / ton, the market almost no transaction, the market quotation down to 100 yuan / ton, but did not improve again to 90 yuan / ton. In addition, the impact of today's bill problem is basically over, the market quotation is basically unified next month ticket quotation. Overall, trading in today's trade market is relatively light, but the price downward after the downstream enthusiasm to pick up again, Jiangsu and Zhejiang traders feedback low local inventory, or consider moving goods from Shanghai to the local downstream.

Qiao brand

Transaction interval

1911

Double swallow

18800-18875

Water 100

Qin Zinc, Kirin, Yuguang, Jiulong

18790-18875

Litre 90-100

"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
【SMM Flash News】Copper Lake Closes First Private Placement Tranche to Fund Marshall Lake Copper-Zinc Exploration.
9 hours ago
【SMM Flash News】Copper Lake Closes First Private Placement Tranche to Fund Marshall Lake Copper-Zinc Exploration.
Read More
【SMM Flash News】Copper Lake Closes First Private Placement Tranche to Fund Marshall Lake Copper-Zinc Exploration.
【SMM Flash News】Copper Lake Closes First Private Placement Tranche to Fund Marshall Lake Copper-Zinc Exploration.
Copper Lake Resources announced the closing of the first tranche of its non-brokered private placement, issuing 15,625,031 units at $0.15 each for gross proceeds of $2,343,755. Net proceeds will fund exploration at the Marshall Lake copper-zinc-silver-gold project in Ontario, Canada, and general working capital. The second and final tranche is expected to close by October 14. Completion of the private placement remains subject to all necessary regulatory approvals, including TSX Venture Exchange approval.
9 hours ago
BMC Minerals reports further expansion of polymetallic mineralisation at Rhyolite Peak
10 hours ago
BMC Minerals reports further expansion of polymetallic mineralisation at Rhyolite Peak
Read More
BMC Minerals reports further expansion of polymetallic mineralisation at Rhyolite Peak
BMC Minerals reports further expansion of polymetallic mineralisation at Rhyolite Peak
BMC Minerals reported on October 5 that polymetallic mineralisation at the Rhyolite Peak target within its Kudz Ze Kayah project in Yukon, Canada, had been further extended. Rhyolite Peak is a silver-zinc-gold-copper-lead exploration target located near the proposed ABM mine. The update remains an exploration-stage drilling development and does not constitute a new Mineral Resource, Ore Reserve or production change.
10 hours ago
【Flash | DOWA’s H2 Zinc Plan Rises 27%, Potentially Supporting Indium Recovery】
10 hours ago
【Flash | DOWA’s H2 Zinc Plan Rises 27%, Potentially Supporting Indium Recovery】
Read More
【Flash | DOWA’s H2 Zinc Plan Rises 27%, Potentially Supporting Indium Recovery】
【Flash | DOWA’s H2 Zinc Plan Rises 27%, Potentially Supporting Indium Recovery】
DOWA Holdings plans to produce 113,543 tonnes of zinc in H2 FY2026, up 27.0% from its H1 plan of 89,373 tonnes and 26.8% from the 89,525 tonnes produced in H2 FY2025. Its Akita Zinc operation uses the hematite process to recover indium and other valuable metals at high yields and integrates zinc smelting with rare-metal production and recycling. Higher planned zinc output may increase feed throughput for by-product indium recovery. However, DOWA disclosed no indium production target, and any supply increase will depend on feed grades, recovery rates and operating schedules rather than zinc volumes alone.
10 hours ago