Mainstream traded prices of #0 zinc were 23190~23380 yuan/mt today, with 23300~23480 yuan/mt for Shuangyan zinc, and 23120~23310 yuan/mt for #1 zinc. In the morning, the premiums were -10-10 yuan/mt over the average SMM price, and discounts were 70~90 yuan/mt over the SHFE 2406 zinc contract. During the second trading session, regular domestic brands were quoted with discounts of 80~90 yuan/mt over the SHFE 2406 zinc contract. Shuangyan zinc was quoted with premiums 20 yuan/mt over the SHFE 2406 contract. Zinc prices rose today, and market shipments increased significantly. Purchases decreased as downstream companies were more cautious about high prices, and overall transactions declined.
Market shipments in Shanghai zinc market increased and trading cooled down
Mainstream traded prices of #0 zinc were 23190~23380 yuan/mt today, with 23300~23480 yuan/mt for Shuangyan zinc, and 23120~23310 yuan/mt for #1 zinc.
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.
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