Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
[Zn] CBI Morning Review - 2009/6/2 Zinc Market
SHANGHAI, June 2 (CBI China) -- LME Market
|
|
Close (USD/mt) |
Premium/Discount |
Volume (lot) |
Position (lot) |
Inventory (mt) |
|
3-mth Contract |
Spot – 3 mth | ||||
|
May Average |
1,513 |
-28 |
47,181 |
223,100 |
323,012 |
|
June 1st |
1,600 |
-1 |
46,799 |
224,825 |
323,600 |
SHFE Market
|
|
Zinc – Spot Month (RMB/mt) |
RMB/USD | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
May 15th |
12,550 |
12,525 |
12,807 |
1:6.8247 |
|
June 1st |
13,065 |
13,025 |
12,735 |
1:6.8317 |
|
|
Zinc – 3mth (RMB/mt) |
Shanghai Spot 0# Zinc Ingot | ||
|
SHFE Close |
Settlement |
Weighted Ave. | ||
|
May 15th |
12,430 |
12,400 |
12,927 |
12,500 |
|
June 1st |
13,190 |
13,160 |
12,840 |
13,000 |
Summary
Yesterday, Shanghai 0# zinc was traded at RMB 13,000/mt, 1# zinc was traded at RMB 12,950/mt, and the price of imported zinc was RMB 12,900-12,950/mt, the rising zinc price boosted the market sentiment, and the inquiries from downstream producers increased. Guangdong 0# zinc was traded at RMB 12,900/mt, 1# zinc and imported zinc were traded at RMB 12,850/mt, the transactions were weak in spot market, and the downstream producers adopted a cautious attitude over the purchase, leading to limited trading volumes. As to futures market, LME zinc price moved upwardly, while SHFE zinc price opened high yesterday, and then rose rapidly after SHFE copper increased to the limit. Finally, three-month SHFE zinc contract price closed at RMB 13,190/mt, up 3.4%. The trading volumes increased sharply by more than 300,000 lots, and the wait-and-see sentiment dominated the market.
Copyright ? 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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
SMM Events & Webinars
All- Sep15
NET ZERO CHINA Field Trip
Sep 15 - 19,2025中国
- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
