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Zinc Oxide Sales up on Improved Purchase Interest, SMM Reports
Jun 5,2015 17:45
CSTsmm insight
Source:SMM
Sales by domestic zinc oxide producers improved in China’s domestic market with growing interet in purchase in the week ending June 5, SMM survey finds.
SHANGHAI, Jun. 5 (SMM) – Sales by domestic zinc oxide producers improved in China’s domestic market with growing interet in purchase in the week ending June 5, SMM survey finds.
SMM attributes the increase in sales mainly to falling prices of zinc oxide.
The price of indirect zinc oxide dropped to 16,000-16,400 yuan per tonne over this past week, according to SMM data, in response to continuous zinc price declines.
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