Zinc Ingots: Social Inventory Rises, SHFE Zinc Prices Fluctuate at High Levels

Published: Nov 4, 2024 19:41

Save

【Zinc Ingots: Social Inventory Increases, SHFE Zinc Experiences High-level Volatility】: The main SHFE zinc contract 2412 opened at 25,015 yuan/tonne. Initially, SHFE zinc stabilized below the daily average line, reaching a low of 24,955 yuan/tonne during the period. In the afternoon session, SHFE zinc rapidly rallied to a high of 25,340 yuan/tonne, and then gradually retreated near the daily average line. It eventually closed up at 25,125 yuan/tonne, with an increase of 155 yuan/tonne or 0.62%.....

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 to learn 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

22 hours ago

Terminal Performance "Uneven," Zinc Oxide Chinese New Year Break Up YoY

22 hours ago

Dual Pressures Force Die-Casting Zinc Alloy Firms to Lengthen Chinese New Year Holidays

Approaching the 2026 Chinese New Year, SMM conducted communication and research on the pre-holiday break arrangements of domestic die-casting zinc alloy enterprises. This survey covered 20 enterprises, with a total annual capacity of 829,000 mt, involving a zinc consumption scale during the holiday period of approximately 45,548 mt.

22 hours ago

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

22 hours ago