SMM4 March 8 Shanghai Zinc Ingot spot

Published: Apr 8, 2020 11:51

Save

SMM, April 8: Shanghai Zinc mainstream transaction in 15770-15815 yuan / ton, Shuangyan, Chi Hong transaction in 15780-15825 yuan / ton, the general report to the May water 75-90; Shuangyan, Chihong reported water 85-100 yuan / ton. The mainstream transaction was 15700-15740 yuan / ton.

SMM, 8 April:

The mainstream transaction of Shanghai zinc was 15770-15815 yuan / ton, Shuangyan and Chi Hong 15780-15825 yuan / ton, and Shuangyan and Chihong 85-100 yuan / ton. The mainstream transaction was 15700-15740 yuan / ton. The Shanghai zinc 2005 contract fell back in intraday trading and closed at 15705 yuan / ton in the morning market. Zinc out of recent highs, smelters stop selling normal shipments, market liquidity increased, the morning market for May reported water 80-90 yuan / ton, transaction is relatively stable, net average price and net average price down 5 yuan / ton more attractive, rising water and disk synchronous fall after the enthusiasm of traders to buy warmer than yesterday. Enter the second trading period, the market quotation differences, part of the rising water in May 90-95 yuan / ton, but also part of the rising water 80-85 yuan / ton, the low price transaction is relatively active, and the downstream day on demand to enter the market in a small amount of buying, the absolute price high downstream buying enthusiasm is still not high, the overall transaction within the day is warmer than yesterday.

Qiao brand

Transaction interval

2005

Shuangyan and Chi Hong

15780-15825

85-100

Qin Zinc and Yuguang

15770-15815

75-90

Zinc afternoon news

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

6 hours ago

SHFE Zinc Center Continued to Move Lower Today, with Focus on Interest Rate Decisions Outside China and China’s Social Inventory [SMM Brief Commentary on Zinc Futures]

[SHFE Zinc Continued to Decline Today, with Focus on Overseas Rate Decisions and China Social Inventory] The most-traded SHFE zinc 2605 contract opened at 23,470 yuan/mt. After the opening, bulls and bears engaged in fierce competition, and SHFE zinc fluctuated rangebound below the daily average line. During the session, SHFE zinc touched a high of 23,475 yuan/mt and a low of 23,260 yuan/mt, and finally closed down at 23,345 yuan/mt, down 110 yuan/mt, or 0.47%. Trading volume increased to 55,115 lots, and open interest increased by 3,955 lots to 95,164 lots.....

6 hours ago

7 hours ago

Data: SHFE, DCE market movement (Mar 18)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 18 Mar , 2026

7 hours ago

14 hours ago

LME Drove SHFE Lower, SHFE Zinc Declined [SMM Zinc Morning Comment]

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2605 contract opened at 23,680 yuan/mt. In early trading, SHFE zinc briefly rose to a high of 23,685 yuan/mt, after which bears added to their positions and SHFE zinc fluctuated downward all the way, hitting a low of 23,440 yuan/mt near the close. It finally closed down at 23,455 yuan/mt, down 275 yuan/mt, or 1.16%. Trading volume fell to 39,416 lots, and open interest increased by 10,738 lots to 91,209 lots.

14 hours ago