[Guangdong Zinc: Futures Market Center Rises, Spot Premiums Fall] The mainstream transaction price of 0# zinc in Guangdong ranged from 22,780 to 22,965 yuan/mt. Mainstream brands were quoted at a premium of 205 yuan/mt against the 2506 contract, and at a discount of 20 yuan/mt against spot aluminum in Shanghai. The Shanghai-Guangdong price spread narrowed....

[Ningbo Zinc: Downstream Players Hold Certain Inventory, Premium Continues to Decline] The transaction price of mainstream brand 0# zinc in the Ningbo market is around 22,875-23,030 yuan/mt. The premium for mainstream brands in Ningbo against the 2506 contract is 265 yuan/mt, and the premium against Shanghai spot cargo is 40 yuan/mt. Mainstream players in the Ningbo region are quoting prices against the 2506 contract...

[Tianjin Zinc: Premiums Decline, Traders Dominate Trading] In the Tianjin market, mainstream transactions for #0 zinc ingot were concluded at 22,870-23,110 yuan/mt, with Zijin transactions at 22,970-23,160 yuan/mt. Transactions for #1 zinc ingot were around 22,500-22,670 yuan/mt, while Huludao was quoted at 26,260 yuan/mt. The premium for ordinary #0 zinc against the 2506 contract was around 250-330 yuan/mt, and the premium for Zijin against the 2506 contract was 320-360 yuan/mt. The Tianjin market was quoted at parity with the Shanghai market.

[SMM Zinc Morning Comment] Overnight, LME zinc recorded a five-day winning streak, with the 40-day moving average turning into a support line, while the 5-day moving average above formed resistance. As global trade tensions ease, it is expected that metal demand may continue, boosting investor confidence, coupled with...

[SMM Morning Meeting Summary: SHFE Zinc Prices Fluctuate at Highs, Attention to Pressure at Upper Integer Levels] Overnight, SHFE zinc recorded a small bearish candlestick, yet the center of the daily candlestick shifted upwards, and the KDJ indicator's opening expanded upwards. Overnight, amidst easing concerns of an economic recession, bullish sentiment resurged, leading to a general rise in non-ferrous metals. Zinc prices filled the gap from previous declines. Considering......

[SHFE Zinc Records a Large Bullish Candlestick, Expected to Maintain Fluctuating Trend in the Short Term]: The most-traded SHFE zinc 2506 contract opened at 22,645 yuan/mt. Subsequently, amid the tug-of-war between longs and shorts, the price center of SHFE zinc fluctuated around 22,615 yuan/mt. Towards the end of the trading session, bears reduced their positions, causing SHFE zinc to rise slightly and touch a high of 22,780 yuan/mt. It eventually closed higher at 22,710 yuan/mt, up 385 yuan/mt or 1.72%. Trading volume increased to 219,000 lots, while open interest decreased by 7,094 lots to 105,000 lots.....

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 14 May, 2025

[Guangdong Zinc: Sluggish trading atmosphere in the market, spot premiums continue to decline] The mainstream transactions of 0# zinc in Guangdong were concluded at 22,810-22,980 yuan/mt. The mainstream brands quoted a premium of 295 yuan/mt against the 2506 contract and a premium of 50 yuan/mt against spot cargo in Shanghai. The Shanghai-Guangdong price spread widened....

[Shanghai Zinc: Futures Market Rises Significantly, Downstream Purchase Willingness Low]: Today, the mainstream transaction prices for 0# zinc were concentrated in the range of 22,785-22,975 yuan/mt, with Shuangyan trading at 23,905-23,235 yuan/mt, and 1# zinc mainly trading at 22,715-22,905 yuan/mt. In the morning session, the market offered a premium of 30-50 yuan/mt against the average price, with no quotes against the futures market...

[Ningbo Zinc: Impact of Low Import Prices, Traders Continue to Adjust Prices] The transaction prices of mainstream brand 0# zinc in the Ningbo market were around 22,845-22,925 yuan/mt. The quotes for mainstream brands in Ningbo were at a premium of 295 yuan/mt against the 2506 contract, and at a premium of 50 yuan/mt against spot cargo in Shanghai. Mainstream quotes in the Ningbo region were against the 2506 contract...