[April 23 SMM Zinc Industry Core data] Zinc spot quotation, Import profit and loss, inventory, processing fee

[Shanghai Zinc: Sluggish Trading on the Last Trading Day Before the Holiday] Today, mainstream transaction prices for #0 zinc were concentrated at 26,480-26,600 yuan/mt, with no transactions for Shuangyan. Mainstream transaction prices for #1 zinc were at 26,410-26,530 yuan/mt. In the morning session, cargoes with invoices dated next month were quoted at premiums of 70-80 yuan/mt against the SMM average price, with no quotes against the contract...

[Ningbo Zinc: National Day holiday approaching, market sees almost no trading] In the Ningbo market, mainstream brand 0# zinc traded at around 26,450-26,560 yuan/mt. Conventional brands in Ningbo were quoted at a discount of 10 yuan/mt against the 2611 contract, and at a premium of 30 yuan/mt against Shanghai spot cargo. Mainstream quotes in the Ningbo area were made against the 2611 contract.

Polymetals Resources has completed drilling at the Upper Main Lode of its Endeavor mine in New South Wales. Hole POL038 returned 14.2m grading 494g/t silver, 7.1% lead, 4.8% zinc, 0.76g/t copper and 0.75g/t gold, equivalent to 687g/t AgEq. Within the interval, a 0.7m supergene zone returned 1,195g/t silver and 9.2% copper. The program advanced the Upper Main Lode from a new geological interpretation to a defined resource of 1.6Mt grading 8.5% zinc, 6.0% lead and 234g/t silver. The latest holes principally tested the overlying oxidised and supergene zone, which is excluded from the current resource; core loss ranged from 1.5% to 70%, with unrecovered material assigned zero grade. Mine design and technical studies are continuing, with an Ore Reserve estimate targeted for Q2 FY2026–27.