SHFE Zinc Prices Fluctuate, East China Market Sees Oversupply and Sluggish Demand

Published: Jun 23, 2026 16:51

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【East China Refined Zinc Market】Recently, SHFE zinc prices have continued to fluctuate within a range. Amid the seasonal demand slowdown, downstream enterprises have seen weak order intake, resulting in subdued demand for zinc ingots. As a result, zinc ingot inventories in the East China market have continued to build, reflecting an overall oversupplied market balance. Spot trading activity has remained sluggish, leading to a modest decline in spot premiums.

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