Ningbo Zinc: The Trading Has Recovered Today, with a Small Number of Transactions in the Market [SMM Afternoon Comment]

Published: Apr 20, 2022 13:27

Source: SMM

Save

[SMM Afternoon Comment: The trading recovered today, with a small number of transactions in the market] The #0 zinc transaction prices were 28,770~ 28,820 yuan/mt for mainstream brands, in premiums of 100 yuan/mt against Shanghai prices.

SHANGHAI, APR 20 (SMM) - The #0 zinc transaction prices were 28,770~ 28,820 yuan/mt for mainstream brands, in premiums of 100 yuan/mt against Shanghai prices. Today, the fluctuation range of zinc prices narrowed. Although the prices still increased slightly on the whole, the momentum was suspended. After several days of wait-and-see in the downstream, the purchasing willingness increased today, while the Ningbo cargo holders still maintained the quotation at about 100 yuan/mt and were willing to ship. On the whole, the trading has recovered today, but the market still mainly purchased as needed.

Market

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

1 hour ago

Shengda Resources Subsidiary Renews Mining Rights for Dadi Silver-Lead-Zinc Mine in Inner Mongolia

According to an announcement by Shengda Resources on September 15, its wholly owned subsidiary, Inner Mongolia Guangda Mining, recently completed the renewal of the mining right for the Dadi silver-lead-zinc mine in Keshiketeng Banner, Inner Mongolia. The subsidiary obtained the Real Estate Ownership Certificate (Mining Right) and Mining License issued by the Chifeng Municipal Bureau of Natural Resources.

1 hour ago

Data: SHFE, DCE market movement (Sep 16)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 16 Sep , 2026

1 hour ago

9 hours ago

US Dollar Index Remains High, Continuing to Pressure LME Zinc as Price Center Shifts Lower [SMM Zinc Morning Meeting Summary]

[SMM Zinc Morning Meeting Summary: US Dollar Index Remains High, Pressuring LME Zinc Center Lower]: Overnight, LME zinc opened at $3,798.5/mt. After the open, LME zinc consolidated around the daily average. In the afternoon session, LME zinc drifted lower, hitting a low of $3,734/mt, then rebounded in a choppy fashion, reaching a high of $3,835/mt near the close, and finally settled up at $3,831.5/mt, up $27/mt, or 0.71%...

9 hours ago