[brief Review of Zinc in SMM period] Zinc stands firm at the Wanba pass in the uplink period of Zengkang.

Published: Jul 22, 2020 15:37 (GMT+8)

SMM7 March 22:

During the day, the main 2009 contract of Shanghai zinc opened at 18225 yuan / ton. at the beginning of the session, zinc rose and fell, and the pressurized daily average line was arranged and operated around 18100 yuan / ton. near the close, stock index futures fell across the board, zinc fell under pressure, and the low hit 17920 yuan / ton. accompanied by part of the funds to stop earnings to make up for part of the decline. The final closing price rose to 18025 yuan / ton, up 185yuan / ton, or 1.04%. The trading volume reached 216000 lots, and the position increased by 8103 to 89000 lots. Zinc in the future closed on the positive pillar, mainly driven by capital inflows, zinc smelting production rebounded is not smooth, domestic consumption is more resilient market sentiment is more optimistic, the lower 5, 10-day moving average adhesion support is expected to be effective.

 

Scan the QR code and apply to join the SMM metal exchange group. Please indicate the company + name + main business.

 

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
Nyrstar Launches Strategic Review of Budel Smelter; Operations Continue Normally
2 hours ago
Nyrstar Launches Strategic Review of Budel Smelter; Operations Continue Normally
Read More
Nyrstar Launches Strategic Review of Budel Smelter; Operations Continue Normally
Nyrstar Launches Strategic Review of Budel Smelter; Operations Continue Normally
Nyrstar has launched a strategic review of its Budel zinc smelter in the Netherlands, citing elevated European energy costs, intense competition for zinc concentrate and historically low treatment charges. The company said Budel has been losing money, while the Dutch government’s decision not to include grid-cost relief for energy-intensive industries in its 2027 budget has added further pressure. The review is expected to conclude by the end of 2026, with operations continuing as normal during the process. Budel has an annual refined zinc capacity of 315,000 tonnes. The smelter was placed on care and maintenance in January 2024 due to high energy costs before restarting in May that year. The review outcome could become an important variable for European refined zinc supply.
2 hours ago
Data: SHFE, DCE market movement (Sep 28)
5 hours ago
Data: SHFE, DCE market movement (Sep 28)
Read More
Data: SHFE, DCE market movement (Sep 28)
Data: SHFE, DCE market movement (Sep 28)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 28 Sep , 2026
5 hours ago
【Flash | Sivers Targets Over 100 Million Annual InP Laser Capacity】
5 hours ago
【Flash | Sivers Targets Over 100 Million Annual InP Laser Capacity】
Read More
【Flash | Sivers Targets Over 100 Million Annual InP Laser Capacity】
【Flash | Sivers Targets Over 100 Million Annual InP Laser Capacity】
Sivers Semiconductors announced a $30 million expansion of its indium phosphide (InP) manufacturing facility in Glasgow. Upon completion, the site is expected to support annual production of over 100 million CW DFB lasers. Work will begin in H2 2026, with operations targeted for Q4 2027. Sivers linked the investment to anticipated AI datacenter and optical-networking customer ramps and expects InP lasers and semiconductor optical amplifiers to play a growing role in energy-efficient optical connectivity. SMM views the expansion as direct medium-term support for high-purity indium demand. However, current output, utilization and indium intensity were not disclosed.
5 hours ago