Shanghai Zinc: Futures Market Rose Significantly, Spot Premiums Adjusted Downward. Today, the mainstream transaction prices of 0# zinc were concentrated at 23,155-23,285 yuan/mt, with no transactions for Shuangyan. The mainstream transaction prices of 1# zinc were at 23,085-23,215 yuan/mt. In the morning session, the market quoted premiums of 0-20 yuan/mt against the average price, with fewer quotes against the futures market.

【Ningbo Zinc: Traders Offer Prices Indifferently, Downstream Purchase Willingness Low】The transaction price of mainstream brand 0# zinc in the Ningbo market was around 23,175-23,275 yuan/mt. The conventional brand in Ningbo was quoted at a premium of 175 yuan/mt against the 2505 contract, on par with the Shanghai spot cargo. The mainstream in the Ningbo region quoted against the 2505 contract...

Guangdong Zinc: Zinc Price Center Rises, Market Trading Atmosphere Remains Moderate. The mainstream transaction price of Guangdong 0# zinc ranged from 23,255 to 23,405 yuan/mt. The mainstream brands quoted a premium of 430 yuan/mt against the 2505 contract and a premium of 60 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread widened...

SMM Zinc Morning Meeting Summary: Expectations for US Fed Interest Rate Cut Heat Up, LME Zinc Center Rises: Overnight, LME zinc opened at $2,639/mt. After opening, it fluctuated rangebound around the daily average line, touching a low of $2,639/mt, then began to fluctuate upward, reaching a high of $2,709.5/mt near the end of the session, and finally closed up at $2,705/mt, an increase of $69.5/mt, a rise of 2.64%.