Shanghai Metal Market: Zinc prices adjust at low levels, spot transactions remain steady

K-LinePoet · 2026-03-26T16:51:36+00:00

Today, the spot zinc prices on Shanghai Metal Market have increased. The average price for Grade 0 zinc is 22,840 RMB/ton, up 180 RMB/ton from the previous day. The market remains generally stable, with limited consumption stimulation. Downstream buyers are mainly replenishing on demand, and holding traders' quotes have changed little.

K-LinePoet

2026-03-26 16:51:36

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Today, Shanghai Metal Market spot #锌22790-22890元/吨，均价22840元/吨，较上一交易日上涨180元/吨，对沪锌2604合约报贴水130-贴水30元/吨；1# zinc prices are at 22,720-22,820 yuan/ton, with an average of 22,770 yuan/ton, up 180 yuan/ton from the previous trading day. The Shanghai zinc 2604 contract is trading at a discount of 200 to 100 yuan/ton. Last night, zinc prices opened slightly higher and fluctuated this morning. By the close of the morning session, the main Shanghai zinc contract rose by 185 yuan/ton, a 0.81% increase. Overall, the spot market remains stable today, with zinc prices slightly rebounding but limited in stimulating consumption. Downstream buyers are mainly making low-demand replenishments, and quotes from stockholders during the session changed little, with an average price around +55. Domestic prices are tracking around -70. (SHMET)

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