[Guangdong Zinc: Futures Market Maintains Fluctuating Trend, Market Transactions Sluggish] The mainstream transactions of 0# zinc in Guangdong ranged from 21,950 to 22,180 yuan/mt. Mainstream brands were quoted at a premium of 210 yuan/mt against the 2507 contract, and at a discount of 10 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread narrowed...

[Ningbo Zinc: Some Downstream Users Bought the Dip, with Moderate Trading Performance] The mainstream 0# zinc brands in the Ningbo market traded at around 22,030-22,120 yuan/mt. The premium of conventional Ningbo brands was quoted at 240 yuan/mt against the 2507 contract and 20 yuan/mt against Shanghai spot cargo. Mainstream offers in the Ningbo region were mainly made against the 2507 contract.

[Shanghai Zinc: Arrival of Qilin Zinc Ingots Over the Weekend, Premiums Continue to Weaken]: Today, mainstream transaction prices for 0# zinc were concentrated in the range of 21,970-22,120 yuan/mt, with Shuangyan zinc ingots trading at 22,080-22,260 yuan/mt, and mainstream transaction prices for 1# zinc at 21,900-22,050 yuan/mt. In the morning session, the market offered premiums of 10-30 yuan/mt against the average price, with no quotes against the futures price...

[Tianjin Zinc: Delivery Today, Moderate Trading Volume] In the Tianjin market, the mainstream transactions for #0 zinc ingot were concluded at 21,950-22,110 yuan/mt, with Zijin transactions at 22,050-22,220 yuan/mt. Transactions for #1 zinc ingot were around 21,610-21,770 yuan/mt, while Huludao reported prices at 25,360 yuan/mt. Regular #0 zinc was quoted at a premium of 220-230 yuan/mt against the 2507 contract, and Zijin was quoted at a premium of 320-330 yuan/mt against the 2507 contract. The Tianjin market was quoted on par with the Shanghai market.

[SMM Zinc Morning Comment] Last Friday, LME zinc opened at $2,642.5/mt. In the early session, LME zinc fluctuated along the daily average line, hitting a high of $2,649.5/mt during the period. Entering the European trading session, LME zinc declined to a low of $2,588/mt. During the night session, LME zinc continued to rise above the daily average line, with the price center fluctuating rangebound around $2,625/mt at the end of the session. It finally closed down at $2,626.5/mt, down $17.5/mt or 0.66%. Trading volume increased to 144,000 lots, while open interest decreased by 236 lots to 206,000 lots...

[SMM Morning Meeting Summary: Tensions Escalate in the Middle East, LME Zinc Records a Long Lower Shadow Bearish Candlestick] Last Friday, LME zinc opened at $2,642.5/mt. In the early session, LME zinc fluctuated along the daily average line, reaching a high of $2,649.5/mt during the period. Entering the European trading session, LME zinc declined to a low of $25,882/mt...

The SMM Imported Zinc Concentrate Index for this week is $53/dmt, with a 5.26% WoW increase. The SMM Imported Lead Concentrate average spot TC for this week is $-45/dmt.

As Q2 draws to a close, how has the overall consumption of zinc oxide been recently? This article will analyze the situation based on changes in operating rates and the demand performance of various downstream sectors.Firstly, data indicates that the operating rates of zinc oxide enterprises in China were lower in April and May compared to the same period last year. What are the reasons behind this? Below are the specifics for each sector......

[Galvanizing operating rates maintain fluctuating trend, with bearish outlook for subsequent demand]: This week, the operating rate of galvanising producers was recorded at 60.04%, an increase of 0.48 percentage points WoW. In terms of raw material inventory, zinc prices broke through and fell to a level more acceptable to downstream buyers this week. Downstream buyers increased restocking at lower prices, leading to an increase in zinc ingot inventory.

[Environmental Protection Checks Continue, Operating Rates of Zinc Oxide Enterprises Decline] This week, the operating rate of zinc oxide enterprises was recorded at 58.92%, down 0.59% WoW. On the raw material side, the center of zinc prices declined this week, with some zinc oxide enterprises conducting a small amount of restocking at lower prices. Raw material inventory increased WoW...