SMM, June 9: Today, the mainstream transaction prices of 0# zinc were concentrated in the range of 22,570-22,695 yuan/mt, with Shuangyan zinc trading at 22,640-22,785 yuan/mt, and 1# zinc trading mainly at 22,500-22,625 yuan/mt. In the morning session, the market quoted premiums of 50-70 yuan/mt against the average price, with no quotes against the futures market. In the second trading session, the quotations for ordinary domestic zinc were at premiums of 350-360 yuan/mt against the 2507 contract, Honglu-v at a premium of 420 yuan/mt against the 2507 contract, Huize at premiums of 380-420 yuan/mt against the 2507 contract, and the high-end brand Shuangyan quoted premiums of 420-450 yuan/mt against the 2507 contract. As the delivery date approached, the market continued to anticipate a decline in subsequent premiums. Today, there was an increase in the number of traders selling, and spot quotes in Shanghai were adjusted downward MoM. However, the futures market maintained a fluctuating trend, with downstream buyers showing low enthusiasm for purchases. Overall, spot transaction performance was mediocre.
