[SMM Flash News] Today, mainstream transactions of 0# zinc in

Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

NewsFlash / Zinc / Zinc trading in Guangdong was sluggish, with premiums and discounts declining.

Zinc trading in Guangdong was sluggish, with premiums and discounts declining.

Jun 19, 2025 13:20

Source:SMM

[SMM Flash News] Today, mainstream transactions of 0# zinc in Guangdong were concluded at 21,895-22,115 yuan/mt. Mainstream brands were quoted at a premium of 305 yuan/mt against the 2508 contract, and at a discount of 20 yuan/mt against spot cargo in Shanghai. The Shanghai-Guangdong price spread widened. Currently, downstream demand in Guangdong is relatively weak, and spot premiums/discounts have fallen sharply. Although the decline in the futures market today prompted some downstream players to restock in small quantities at lower prices, overall spot transactions in the market remained relatively lackluster. Based on the current situation, it is expected that premiums and discounts in Guangdong will continue to decline.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

The SMM Imported Zinc Concentrate Index for this week is $55.27/dmt, with a 4.28% WoW increase. The SMM Imported Lead Concentrate average spot TC for this week is $-55/dmt, with a drop of $10/dmt .

Jun 20, 2025 22:31

Analysis

China Zinc/Lead Market Weekly Updates - 2025/6/20

Import window closed in June, with no expected increase in refined zinc imports [SMM analysis]

[Import Window Closed in June, Limited Growth Expected in Refined Zinc Imports] According to the latest customs data, imports of refined zinc in May 2025 were 26,700 mt, down 1,500 mt or 5.36% MoM, and down 39.85% YoY. From January to May, cumulative imports of refined zinc were 155,900 mt, down 16.66% YoY. In May, exports of refined zinc were 1,400 mt, resulting in net imports of refined zinc of 25,300 mt.

Jun 20, 2025 18:12

Selected News

Facility maintenance at enterprises during the week, operating rates for die-casting zinc alloy decline [SMM Weekly Review of Die-casting Zinc Alloy]

[Equipment Maintenance at Enterprises During the Week Led to a Decline in Operating Rate of Die-Casting Zinc Alloy] This week, the operating rate of die-casting zinc alloy was recorded at 55.12%, down 4.72 percentage points WoW. On the raw material side, zinc prices maintained a fluctuating trend this week. Although some end-users picked up goods during the week, most enterprises adopted a just-in-time procurement strategy, purchasing based on sales, leading to a slight MoM decline in raw material inventory. On the finished product inventories side, affected by the weakening end-use demand, the finished product inventories of die-casting zinc alloy increased MoM this week...

Jun 20, 2025 17:51

Selected News

Macro uncertainties coupled with weak domestic fundamentals led to mixed performance of zinc prices on SHFE and LME this week [SMM Market Review - Weekly Price Review]

[Macro uncertainty coupled with weak domestic fundamentals led to mixed performance in zinc prices on SHFE and LME this week] At the beginning of the week, LME zinc continued the fluctuating trend from the previous week; subsequently, foreign media reported that Iran was seeking talks with the US and Israel to end the hostile state, and Trump also indicated that he would temporarily suspend sanctions against Russia, leading to an improvement in market sentiment and a continuous upward trend in LME zinc; however, the situation in the Middle East remained tense, and subsequent developments were unclear, with LME zinc maintaining a fluctuating trend amid uncertainty......

Jun 20, 2025 17:50

Selected News

Galvanized Sheet Exports Pulled Back as Expected in May; Will They Continue to Decline in June?[SMM Analysis]

SMM Analysis：According to the latest customs data, China imported 491,500 mt (metric tons) of zinc concentrate in May 2025, down 0.63% MoM (3,100 mt) from April, but up 84.26% YoY. From January to May, cumulative zinc concentrate imports reached 2.204 million mt, up 52.46% YoY.....

Jun 20, 2025 16:50

Selected News

Galvanized Sheet Exports Pulled Back as Expected in May; Will They Continue to Decline in June? [SMM Analysis]

[SMM Analysis: Galvanized Sheet Exports Pulled Back as Expected in May, Will They Continue to Decline in June?] According to the latest customs data, for galvanized sheet, exports in May 2025 reached 1.1144 million mt, with cumulative exports from January to May 2025 totaling 5.7919 million mt, representing an 11.64% increase compared to the 5.1881 million mt in the same period of 2024. Overall, galvanized sheet exports dropped back slightly MoM in May, broadly in line with market expectations...

Jun 20, 2025 16:47

Selected News

Operating rates of galvanising producers decline, demand gradually weakens [SMM Galvanizing Weekly Review]

[Decline in Galvanizing Operating Rate, Weakening Demand]: This week, the operating rates of galvanising producers stood at 58.60%, a decrease of 1.46 percentage points WoW. In terms of raw material inventory, zinc prices fluctuated this week, with weak downstream demand. Restocking was mainly driven by immediate needs or long-term contracts, and zinc ingot inventory decreased slightly.

Jun 20, 2025 16:33

Selected News

Premiums continue to decline amid weak downstream consumption [SMM Weekly Review of Spot Zinc in Tianjin]

[Premiums Continue to Decline Amid Weak Downstream Consumption]: This week, spot premiums in Tianjin continued to decline, dropping by approximately 65 yuan/mt WoW. As of Friday this week, domestic common brands were quoted at premiums of around 60-150 yuan/mt against the 2507 contract, while high-end brands were quoted at premiums of 150-160 yuan/mt against the 2507 contract. Tianjin market was quoted at a discount of around 10 yuan/mt against the Shanghai market.

Jun 20, 2025 16:31

Selected News

SHFE/LME price ratio pulled back to oscillate around 8.3, closing the import window for zinc ingot [SMM Weekly Review of SHFE/LME Zinc Price Ratio]

[SHFE/LME price ratio pulls back to oscillate near 8.3, zinc ingot import window closes]: This week, the SHFE/LME price ratio declined and oscillated near 8.3, with the zinc ingot import window remaining closed. Overseas, geopolitical risks escalated rapidly internationally, and the strengthening of the US dollar index put the LME zinc under pressure. Mid-week, the US Fed maintained the benchmark interest rate unchanged, with retail sales data for May falling below expectations. As the US dollar index pulled back amidst fluctuations, the LME zinc oscillated after its center moved upwards.

Jun 20, 2025 16:28

Selected News

Will Imported Zinc Concentrate Volumes in June Maintain High Levels Seen in May?[SMM Analysis]

Jun 20, 2025 16:24

Selected News

SMM Events & Webinars

All

Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China
Nov
03
- 3rd Li-ion Battery Europe 2025
  Nov 03 - 04,2025
  Hilton Barcelona, Spain

SMM Events & Webinars

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

3rd Li-ion Battery Europe 2025