Shanghai Metal Market: Zinc prices rebound from lows, spot trading remains dull

K-LinePoet · 2026-02-27T18:34:27+00:00

Today, Shanghai Metal Market 0#锌价格上涨310元/吨，均价24650元/吨，1# Zinc also rose, and the market atmosphere was somewhat subdued. Downstream consumption was limited, and spot prices were slightly adjusted. The main contract for Shanghai zinc increased by 270 yuan/ton, a 1.10% rise.

K-LinePoet

2026-02-27 18:34:27

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Today, Shanghai Metal Market spot #Zinc is priced at 24,600-24,700 yuan/ton, with an average of 24,650 yuan/ton, up 310 yuan/ton from the previous trading day. The Shanghai zinc 2603 contract is trading at a discount of 90 to 10 yuan/ton. #1 zinc is priced at 24,530-24,630 yuan/ton, with an average of 24,580 yuan/ton, also up 310 yuan/ton from the previous day. The Shanghai zinc 2603 contract is trading at a discount of 160 to 60 yuan/ton. This morning, Shanghai zinc rebounded from lows, and by the close of the morning session, the main contract increased by 270 yuan/ton, a 1.10% rise. The spot market today is relatively quiet, with limited downstream consumption. Holders are not highly willing to sell at low prices ahead of delivery, and spot prices have slightly adjusted with the market. Holders report that the transaction price for the average market is around 50-60 yuan, while domestic prices remain around -40 yuan. (SHMET)

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