Today's mainstream transaction prices for 0# zinc were concentrated at 24,790-25,150 yuan/mt, with Shuangyan trading at 24,950-25,300 yuan/mt, and 1# zinc at 24,720-25,080 yuan/mt. In the early trading session, the average price for current month invoices was at premiums of 10-15 yuan/mt, and next month invoices were at premiums of 0-5 yuan/mt; in the second trading session, ordinary domestic brands were quoted at discounts of 80-90 yuan/mt against the 2406 contract, while high-end brand Shuangyan was quoted at premiums of around 70 yuan/mt against the 2406 contract. Today's zinc prices surged and then fell back, with trading among traders being active due to warrants and invoices. Downstream enterprises restocked as needed, with no significant increase in procurement volume.
Shanghai Zinc Market: Trading mainly among traders, premiums relatively stable
Today's mainstream transaction prices for 0# zinc were concentrated at 24,790-25,150 yuan/mt, with Shuangyan trading at 24,950-25,300 yuan/mt, and 1# zinc at 24,720-25,080 yuan/mt.
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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