Published: Apr 17, 2024 17:41
【Shanghai zinc turns red after a downward correction and approaching the 10-day moving average】: SMM News on April 17th: The main 2406 contract for Shanghai zinc opened at 22405 yuan/ton. In the early trading session, Shanghai zinc fluctuated around the opening price. Subsequently, a small reduction in short positions led to a slight uptrend in Shanghai zinc to 22400 yuan/ton. As the closing approached, long positions increased, pushing the price to reach 22640 yuan/ton. After a slight pullback, the price closed at 22585 yuan/ton, up 115 yuan/ton, or 0.51%...

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
ACG’s Gediktepe Sulphide Expansion Produces First Copper and Zinc Concentrates; Full Production Targeted by End-2026
36 mins ago
ACG’s Gediktepe Sulphide Expansion Produces First Copper and Zinc Concentrates; Full Production Targeted by End-2026
Read More
ACG’s Gediktepe Sulphide Expansion Produces First Copper and Zinc Concentrates; Full Production Targeted by End-2026
ACG’s Gediktepe Sulphide Expansion Produces First Copper and Zinc Concentrates; Full Production Targeted by End-2026
ACG Metals announced on September 1 that its Gediktepe mine in Türkiye produced its first copper concentrate on August 31, marking the start of the ramp-up phase. The company will progressively increase throughput and optimise plant performance, targeting full production by the end of 2026. Gediktepe’s steady-state annual production target is 20,000–25,000 tonnes of copper equivalent. The full announcement also confirmed that the mine produced its first zinc concentrate in August 2026, although the specific date and volumes were not disclosed. SMM estimates the mine’s zinc-in-concentrate production at approximately 10,000–15,000 tonnes of contained zinc in 2026.
36 mins ago
Data: SHFE, DCE market movement (Sep 02)
3 hours ago
Data: SHFE, DCE market movement (Sep 02)
Read More
Data: SHFE, DCE market movement (Sep 02)
Data: SHFE, DCE market movement (Sep 02)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Sep , 2026
3 hours ago
[SMM Flash] Heavy Rain Forces Zhejiang Zinc Alloy Plants to Halt, Resumption Unclear
4 hours ago
[SMM Flash] Heavy Rain Forces Zhejiang Zinc Alloy Plants to Halt, Resumption Unclear
Read More
[SMM Flash] Heavy Rain Forces Zhejiang Zinc Alloy Plants to Halt, Resumption Unclear
[SMM Flash] Heavy Rain Forces Zhejiang Zinc Alloy Plants to Halt, Resumption Unclear
[SMM Flash News]Due to persistent heavy‑rain weather, some die‑cast zinc‑alloy enterprises in Zhejiang have been forced to halt production recently. Several companies received production‑suspension notices late last night, and the exact resumption schedule remains unclear for the time being.
4 hours ago