Guangdong Zinc Futures Market Slightly Rebounds with Average Transactions

Published: Dec 23, 2024 11:58

Save

[Guangdong Zinc: Slight Rebound in Futures Market, Overall Average Market Transactions] SMM December 23: The mainstream transaction prices of Guangdong 0# zinc were 25,300-25,575 yuan/mt. Mainstream brands quoted a premium of 490-530 yuan/mt against the 2502 contract and a spot discount of 10 yuan/mt against Shanghai. The Shanghai-Guangdong price spread widened. Suppliers initially quoted premiums of 510-530 yuan/mt for Qilin, Danxia, and Lan 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.

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

58 mins ago

Tianjin Zinc: Zinc prices rebound, downstream remains cautious [SMM Midday Commentary]

[Tianjin Zinc: Zinc Prices Rebound, Downstream Remains Cautious] In the Tianjin market, mainstream #0 zinc ingot transactions were at 26,360-26,930 yuan/mt, Zijin transactions were at 26,630-27,080 yuan/mt, #1 zinc ingot transactions were around 26,440-26,820 yuan/mt, Zijin was quoted at a premium of 0-200 yuan/mt against the 2610 contract, Huxin was quoted at 28,185 yuan/mt, #0 zinc ingot was quoted at a discount of 0-200 yuan/mt against the 2610 contract, and the Tianjin market was quoted at a discount of 50 yuan/mt against the Shanghai market.

58 mins ago

1 hour ago

Guangdong zinc: Futures center moves higher, spot market remains quiet [SMM midday comment]

[Guangdong: Futures center moves higher, spot market remains quiet] Guangdong 0# zinc was mainly traded at 26,515-26,845 yuan/mt, with mainstream brands quoted at a discount of 85-40 yuan/mt against the 2610 contract, a premium of 20 yuan/mt against Shanghai spot cargo, and the Shanghai-Guangdong price spread widening...

1 hour ago

Shanghai Zinc: Downstream Fear of High Prices Resurfaces, Market Trading Sentiment Sluggish [SMM Midday Commentary]

[Shanghai Zinc: Downstream Fear of High Prices Resurfaces, Market Trading Sentiment Sluggish] Today, mainstream transaction prices for #0 zinc were concentrated at 26,505-26,890 yuan/mt, Shuangyan mainstream transactions were at 26,635-27,010 yuan/mt, and #1 zinc mainstream transactions were at 26,435-26,820 yuan/mt. In early trading, market quotes were at a premium of 50-60 yuan/mt against the SMM average price, with no quotes against the contract yet...

1 hour ago