Zinc Spot Premiums Exhibit Mixed Trend in China Major Markets, SMM Reports

SHANGHAI, Jun. 20 (SMM) - Spot premiums for regular #0 zinc saw mixed trend today. Those in Shanghai were largely unchanged from July 19, and expanded noticeably by 100 yuan per tonne in Tianjin market over August zinc on the Shanghai Futures Exchange (SHFE) on July 20. Those in Guangdong shrank 20 yuan per tonne against the latter, SMM reported.

Spot trading improved across the three markets, SMM noted.

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#0 zinc prices in Shanghai were 10 yuan per tonne below or 150 yuan per tonne above SHFE August zinc, and spot premiums in Guangdong were 10-20 yuan per tonne.

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#0 zinc traded mainly in 22,780-23,040 yuan per tonne range in Shanghai on July 20. #0 zinc prices in Guangdong were 22,780-22,810 yuan per tonne and 22,980-23,930 yuan per tonne in Tianjin, SMM data showed.

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