Shanghai Metal Market: Zinc prices break downward, increased pricing at low consumption levels

K-LinePoet · 2026-04-10T23:13:33+00:00

Today, Shanghai Metal Market zinc prices continued their downward trend, with the spot price of #0 zinc averaging 24,160 yuan/ton, down 550 yuan/ton from the previous day. The market sentiment is slightly better, with some replenishment demand increasing, but trading volume has not grown significantly. The main contract of Shanghai zinc fell by 345 yuan/ton, a decrease of 1.40%.

K-LinePoet

2026-04-10 23:13:33

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Today in Shanghai Metal Market, spot prices are at 0#锌24110-24210元/吨，均价24160元/吨，较上一交易日下跌550元/吨，对沪锌2604合约报贴水140-贴水40元/吨；1#24,040-24,140 yuan/ton, with an average of 24,090 yuan/ton, down 550 yuan/ton from the previous trading day. The Shanghai zinc 2604 contract is quoted at a discount of 210-110 yuan/ton. Zinc prices continue to show a weak trend, with Shanghai zinc breaking downward; by the close of the morning session, the main contract fell by 345 yuan/ton, a decrease of 1.40%. Today, the spot market atmosphere has slightly improved; the breakdown of zinc prices combined with some inventory replenishment demand before the weekend has led to an increase in low-level downstream purchase prices, but trading volume remains unremarkable. Merchants holding stocks maintain an average price quote of around +25, and domestic-to-plate discounts have narrowed to around -90. (SHMET)

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