[Tianjin Zinc: Sluggish Market Transactions on the Last Day Before the Holiday] In the Tianjin market, mainstream transactions for #0 zinc ingot were concluded at 22,860-23,110 yuan/mt, with Zijin transactions concluded at 23,000-23,170 yuan/mt. Transactions for #1 zinc ingot were concluded around 22,580-22,710 yuan/mt, while Huludao reported prices at 26,270 yuan/mt. The ordinary #0 zinc ingot was quoted at a premium of 160-290 yuan/mt against the 2505 contract, with Zijin quoted at a premium of 300-350 yuan/mt against the 2505 contract. Tianjin was quoted at a premium of around 40 yuan/mt against Shanghai, with the price spread between Tianjin and Shanghai narrowing.

【As the Labour Day holiday approaches, what are the holiday arrangements for die-casting zinc alloy and zinc oxide enterprises?】The total annual capacity of SMM's sample of die-casting zinc alloy enterprises is 1.6365 million mt. This time, SMM has gathered information on holiday arrangements from fifteen die-casting zinc alloy enterprises, with a total capacity of 739,300 mt, affecting zinc consumption by 5,173 mt. According to SMM, the number of holiday days for enterprises during this Labour Day holiday is basically 0-5 days, with an average of 2.9 days, a decrease of 0.7 days compared to 3.6 days last year on a YoY basis. This is mainly due to the impact of the zinc price center of gravity in April experiencing a slight correction from the previous period, leading to an improvement in orders...

[SMM Analysis: What are the holiday arrangements for galvanising enterprises during the Labour Day holiday?] As the Labour Day holiday approaches, SMM conducted a survey on the holiday arrangements of galvanising enterprises. This survey involved 27 galvanising enterprises with a total capacity of 21.38 million mt. According to SMM, some enterprises will take a holiday ranging from 1 to 5 days during the Labour Day holiday, while others will continue normal production without taking a holiday. In total, this will affect zinc consumption by approximately 5,309 mt.

SMM Analysis:In May, SMM's domestic monthly zinc concentrate TCs rose by 50 yuan/mt MoM to 3,500 yuan/mt, while the monthly TCs for imported zinc concentrate increased by $5/dmt to $45/dmt. The current period coincides with the peak negotiation period for domestic zinc concentrate TCs in May.....

[SMM Analysis: Zinc Concentrate TCs Growth Rate Slowed Significantly in May; Are TCs Approaching Their Peak?] In May, SMM's domestic monthly zinc concentrate TCs rose by 50 yuan/mt to 3,500 yuan/mt MoM, while the monthly TCs for imported zinc ore increased by $5/dmt to $45/dmt. The negotiation period for domestic zinc concentrate TCs in May recently reached its peak, but the negotiations between the two parties were at a stalemate. Compared to earlier months this year, the growth rate of domestic zinc concentrate TCs in May slowed significantly...

SMM Analysis:With the Labour Day holiday approaching, SMM communicated with galvanized sheet enterprises to understand their holiday arrangements. This sample of galvanized sheet enterprises consists of 20 companies, with a total capacity of 19.22 million mt/year, affecting zinc consumption by 274 mt....

[SMM Analysis: Labour Day Holiday Approaching, What Are the Holiday Arrangements for Galvanized Sheet Enterprises?] As the Labour Day holiday is approaching, SMM communicated with galvanized sheet enterprises to understand their holiday arrangements. This sample of galvanized sheet enterprises consists of 20 companies, with a total capacity of 19.22 million mt/year, affecting zinc consumption by 274 mt. According to the findings, only one sample enterprise has chosen to suspend production during the Labour Day holiday, while the vast majority of galvanized sheet factories in the industry are operating normally during this period...