SMM Analysis:SMM Shanghai Zinc Ingot Procurement and Sales Sentiment Index Officially Released: Daily High-Frequency Updates to Track Spot Market Dynamics Against the backdrop of drastic changes in the zinc supply-demand pattern and rapid expansion of sme

SMM July 25 News:

Against the backdrop of drastic changes in the zinc supply-demand pattern and rapid expansion of smelting capacity, zinc price volatility risks have intensified. As one of the primary trading hubs for spot zinc, Shanghai attracts significant market attention. To help industry participants more accurately gauge the pulse of the zinc market and stay informed about real-time trading dynamics, SMM's zinc research team has launched the "Shanghai Zinc Ingot Procurement and Sales Sentiment Index," which is updated daily to provide quantifiable, traceable, and early-warning data references for industry chain clients.

• Index Definition

The Shanghai Zinc Ingot Procurement and Sales Sentiment Index consists of two components: the Buying Sentiment Index and the Sales Sentiment Index. It quantifies daily market trading sentiment through a scoring system (1–5):
5 Panic buying, spot cargo sold out instantly
4 Active inquiries, large-scale restocking across all segments
3 Active inquiries, rigid demand + limited restocking
2 Few inquiries, sporadic rigid demand
1 No interest

• Data Highlights

SMM's zinc analyst team conducts daily targeted discussions with traders, smelters, and downstream enterprises, scoring their selling/purchasing intentions on a 1–5 scale. The sentiment index is weighted by enterprise capacity/procurement volume to ensure it represents mainstream industry trends.

• Application Scenarios

1. Upstream enterprises: Monitor downstream purchasing sentiment to adjust sales strategies in real time and accelerate capital turnover.
2. Downstream enterprises: Adjust procurement pace based on upstream sales sentiment to reduce procurement costs.
3. Financial institutions: Use the quantifiable sentiment index to assess market transactions, explore correlations between sentiment and futures prices, and support investment strategy formulation.

• Release Schedule

To ensure timeliness and continuity, SMM updates the Shanghai Zinc Ingot Procurement and Sales Sentiment Index every trading day.

(The above information is based on market collection and comprehensive evaluation by the SMM research team. The information provided in this article is for reference only. This article does not constitute direct advice for investment research and decision-making. Customers should make cautious decisions and should not replace their independent judgment with this information. Any decisions made by customers are not related to SMM.)