Shanghai Zinc: Spot Market Trading Sluggish, Premiums Remain Low [SMM Midday Review]
[Shanghai Zinc: Subdued Spot Market Transactions Kept Premiums at Low Levels] Mainstream transaction prices for #0 zinc were in the range of 24,120-24,370 yuan/mt today, with Shuangyan mainly traded at 24,280-24,530 yuan/mt and #1 zinc at 24,050-24,300 yuan/mt. In morning trading, offers against the SMM average price ranged from a discount of 10 yuan/mt to a premium of 10 yuan/mt, while quotes against futures were not yet available...