[SMM afternoon Review] Shanghai Zinc: spot quotation stalemate downstream maintain on-demand procurement

Published: Jul 2, 2020 11:34

Save

SMM7 March 2: Shanghai Zinc mainstream traded at 16780 RMB16830 per ton, Shuangyan and Chihong at 16890 RMB16920 per ton; Zinc in Shanghai was generally quoted as 75MZ 80 yuan / ton in July; Shuangyan and Chihong reported water at 90Mub 100 yuan / ton in July; and Zinc mainstream traded at 16720 RMB16760 / ton.

SMM7, March 2:

The mainstream turnover of zinc in Shanghai was 16780 RMB16830 / ton, while that of Shuangyan and Chihong was 16890 RMB16920 / ton. Shuangyan and Chihong reported a liter of 75 RMB80 / ton in July, Shuangyan and Chihong reported a litre of 90 RMB100 / ton in July, and Shuangyan and Chihong traded 16720 RMB16760 / ton. The Shanghai Zinc 2007 contract fluctuated within a narrow range, and the morning market closed at 16755 yuan / ton. The smelter shipped normally, and traders mainly shipped. The intra-day market quotation held steady at about 80 yuan / ton of water quoted yesterday, and some traders in the morning market quickly dumped goods at a low price of 75 yuan / ton, but the market was not willing to follow the adjustment and was still deadlocked at about 80 yuan / ton, while the downstream maintained on-demand procurement whenever it fell, the circulation of imported zinc in the market decreased gradually, and the quotation remained stable at about 5060 yuan / ton. The overall turnover within the day has not changed much from that of yesterday.

"Brand"

Transaction interval

2007

Shuangyan and Chihong

16800Mak 16840

90What 100

Qin Zinc and Yuguang

16780Mutual 16830

75Mutual 80

SMC 、 YP 、 KZ

16760Mutual 16800

50 murals 60

Zinc in the afternoon

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

Mar 20, 2026 18:01

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.

Mar 20, 2026 18:01

Mar 20, 2026 17:54

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.

Mar 20, 2026 17:54

Mar 20, 2026 17:23

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.

Mar 20, 2026 17:23