SMM4 28 Shanghai zinc ingots in stock

Published: Apr 28, 2020 12:10
SMM, April 28: Shanghai Zinc mainstream transaction in 16140-16250 yuan / ton, Shuangyan transaction in 16160-16270 yuan / ton; Shuangyan ordinary price of 130 yuan / ton in May; 150 yuan / ton in May in Shuangyan; 16070-16180 yuan / ton in Zinc mainstream.

SMM, 28 April:

Shanghai zinc mainstream transaction in 16140-16250 yuan / ton, Shuangyan transaction in 16160-16270 yuan / ton; zinc general price of 130 yuan / ton in May; Shuangyan in May 150 yuan / ton; zinc mainstream transaction in 16070-16180 yuan / ton. The low level of Shanghai Zinc 2005 contract rebounded, closing at 16060 yuan / ton in the first trading session of the morning market. In the first time of the morning, with the end of the long market order and the weakening of trading in the trade market, traders took the initiative to lower the price of rising water. The mainstream transaction in the market was concentrated in the average price of SMM net-10 yuan / ton, and the price of follow-up quotation was more chaotic in the morning. The high price had a rise of 170 yuan / ton to 2005 contract, and the mainstream quoted water of 140 yuan / ton to 2005 contract. However, transactions in the trade market are relatively light; In the second period, the holder continued to hold down the price of rising water, with the mainstream reporting a rise of 130 yuan / ton to the 2005 contract. Today, the source of imports began to flow out of the market, trading in the trade market was active, downstream procurement prices fell today, bargain purchases, downstream transactions are still good today.

 

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
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
20 hours ago
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
Read More
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity
[Garpenberg Zinc Concentrates Production Was Suspended Due to Seismic Activity] According to Boliden, production at the Garpenberg mine was temporarily suspended on March 14 due to seismic activity, and the beneficiation plant subsequently also halted production. Seismic activity has since eased, and preliminary inspections of the mine began on March 18. Mine production will gradually resume after inspections of the infrastructure and mining workplaces are completed. It is not yet possible to determine the timing of the production restart or the pace of ramp-up. In 2025, Garpenberg's zinc concentrate production was 101,700 mt in metal content.
20 hours ago
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
20 hours ago
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
Read More
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels
[Imported Zinc Concentrate Market] Recently, typhoon weather in Australia has continued to disrupt zinc concentrate transportation, and expectations of tight imported zinc concentrates are expected to persist. Traders in the market have continued to lower TC quotations, and currently quotations for zinc-rich concentrates on spot cargo vessels have fallen to negative levels.
20 hours ago
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
20 hours ago
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
Read More
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia
According to the latest customs data, China’s total exports of die-casting zinc alloy from January to February reached 689.33 mt, up slightly by 0.9 percentage points YoY on a cumulative basis; imports, however, totaled 48.11 million mt, down 35.46 percentage points YoY on a cumulative basis. Overall, China’s die-casting zinc alloy trade from January to February showed a pattern of slightly higher exports and a significant pullback in imports.
20 hours ago