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Shanghai Metal Market: Zinc prices fluctuate and adjust, spot transactions are average
Today Shanghai Metals Market spot 0#锌23480-23580元/吨,均价23530元/吨,较上一交易日上涨10元/吨,对沪锌2604合约报贴水120-贴水20元/吨;1#23410-23510 RMB/ton, average price 23460 RMB/ton, up 10 RMB/ton from the previous trading day, with the沪锌 2604 contract quoted at a discount of 190-90 RMB/ton. At the start of the session, the new prices fluctuated slightly and adjusted; by the close of the morning session, the LME zinc main contract fell 30 RMB/ton, a decline of 0.13%. Today, spot market trading was generally moderate. Zinc futures fluctuated and adjusted, while downstream demand to pick up remained relatively limited. Throughout the day, procurement was maintained for just-in-need orders. Sellers maintained an ex-factory price around the average +35 for their sales. Domestic supplies continued to track the market and floated around -70.(SHMET)