Die-Cast Zinc Alloy Exports Receive Little Boosts from Depreciation of Yuan -Shanghai Metals Market

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Die-Cast Zinc Alloy Exports Receive Little Boosts from Depreciation of Yuan

SMM Insight 10:53:34AM Aug 17, 2015 Source:SMM

SHANGHAI, Aug. 17 (SMM) - China’s die-cast zinc alloy producers saw little improvement in exports despite the depreciation of yuan, SMM learned. Die-cast zinc alloy producers are also unwilling to build stocks with rising zinc prices, leaving demand for zinc soft.

The average prices of Zamark #3 and Zamark #5 rose 134 yuan to 15,710-16,100 yuan per tonne and 16,010-16,400 yuan per tonne, respectively, according to SMM.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

 

Die-Cast Zinc Alloy Exports Receive Little Boosts from Depreciation of Yuan

SMM Insight 10:53:34AM Aug 17, 2015 Source:SMM

SHANGHAI, Aug. 17 (SMM) - China’s die-cast zinc alloy producers saw little improvement in exports despite the depreciation of yuan, SMM learned. Die-cast zinc alloy producers are also unwilling to build stocks with rising zinc prices, leaving demand for zinc soft.

The average prices of Zamark #3 and Zamark #5 rose 134 yuan to 15,710-16,100 yuan per tonne and 16,010-16,400 yuan per tonne, respectively, according to SMM.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.