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

Published: Jul 20, 2017 13:52

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Spot premiums for regular #0 zinc saw mixed trend today.

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.

WBMS: World Zinc Deficit Shrinks January-May from 2016

#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.

NBS Releases China Base Metals Output in June

#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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spot premiums zinc prices SHFE zinc

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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