Zinc Premiums to Fall in Shanghai on More Arriving Shipments from both Home and Abroad, SMM Says

SHANGHAI, Aug. 22 (SMM) – Spot zinc premiums in Shanghai will fall in the near term due to more arriving shipments, SMM predicts.

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The reopening of import profit window attracted more imported zinc to flow in Shanghai, and more such goods are expected in the near term.

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In the meantime, some goods will flow into Shanghai from Guangdong, and will weigh on domestic prices, SMM explained. 

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