SHANGHAI, Aug. 25 (SMM) - Spot premiums of domestic #0 zinc fell from 350-360 yuan per tonne to 280-300 yuan per tonne due to more inflows of imported zinc, SMM said.
The imported zinc arriving this week mainly includes AZ, SMC, Namibian and Spanish zinc.
Zinc Premiums to Fall in Shanghai on More Arriving Shipments from both Home and Abroad, SMM Says
Recently, the SMM/LME zinc price ratio rose to 8.4, leaving import profit at around 500 yuan per tonne.
Shandong Zinc Oxide Plants Shut down for Environmental Protection, SMM Reports
More inflows of imported zinc will be seen next week, SMM foresees.
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