[SMM afternoon Review] Shanghai Zinc: the spot quotation for weak transaction is slightly adjusted downwards.

Published: Jul 3, 2020 12:07

Save

SMM7 March 3: Shanghai Zinc mainstream traded at 16800 Mel 16860 yuan / ton, Shuangyan and Chihong at 16810 RMB16870 / ton; Zinc Shuangyan and Chihong reported water at 75MZ 80 yuan / ton in July; Shuangyan and Chihong reported water rising 80 yuan / ton in July; and Zinc mainstream traded at 16720 RMB16780 / ton.

SMM7, March 3:

The mainstream transaction of zinc in Shanghai was 16800 Mel 16860 yuan / ton, Shuangyan and Chihong 16870 yuan / ton, Shuangyan and Chihong reported water 75 won 80 yuan / ton in July, Shuangyan and Chihong reported water 80 RMB90 / ton in July, and Shuangyan and Chihong traded 16720 RMB16780 / ton. The Shanghai Zinc 2007 contract fluctuated within a narrow range, and the morning market closed at 16750 yuan / ton. Smelter normal shipments, traders are mainly shipments, the morning market quotation remained stable at about 80 yuan / ton, weak transaction price was lowered to about 75 yuan / ton, some understated to about 70 yuan / ton, but the transaction did not improve, the overall transaction is still weak, downstream to maintain on-demand procurement, Shuangyan, Chihong, import quotation is about 10 yuan / ton lower than yesterday, the overall transaction is slightly worse than yesterday.

"Brand"

Transaction interval

2007

Shuangyan and Chihong

16810Mutual 16870

80When 90

Qin Zinc and Yuguang

16800Mak 16860

75Mutual 80

SMC 、 YP 、 KZ

16770Mutual 16840

40 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 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

4 hours ago

Australia Reviews Anti-Dumping Duties on Galvanized Steel from India, Malaysia, Vietnam Amid Zinc Concerns

On September 9, 2026, Australia initiated its second sunset review of anti-dumping measures on galvanized steel sheet from India, Malaysia and Vietnam, and separately launched a sunset review of countervailing measures on imports from India. The review covers July 2025-June 2026, with the final report expected by February 11, 2027. As galvanized steel is the largest end-use sector for zinc, the measures directly affect export costs and competitiveness, potentially impacting Australia’s domestic zinc demand and supply chain. Maintaining the duties would provide some protection for domestic steel and coating capacity, while termination could increase low-priced imports and affect regional zinc consumption. The final outcome remains subject to the authorities’ determination.

4 hours ago

Limited Ore Offers Persist as Winter Demand Continues, Chinese Smelters Procure Imports Amid Low Treatment Charges

Market offers from ore traders remained limited this week, while winter stocking demand persisted. Some Chinese smelters continued to inquire about and procure imported concentrates for Q4, with market treatment charges remaining at low levels.

4 hours ago

Northwest China Zinc Mine Offers September Tender at -RMB 2,800/mt; SMM to Track Treatment Charges

According to SMM, a zinc mine in Northwest China offered a September self-pickup tender price of around -RMB 2,800/metal tonne this week. SMM will continue to monitor changes in treatment charges.

4 hours ago