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PPS Buys 500-T Zinc for August Delivery

iconJun 2, 2016 10:07
Source:SMM
PPS announced on its website it purchased 500 tonnes of Belgian zinc by bid solicitation at a premium of $160 per tonne.

SHANGHAI, Jun. 2 (SMM) - PPS announced on its website it purchased 500 tonnes of Belgian zinc by bid solicitation at a premium of $160 per tonne, wenhua.com reports.

The shipment is due to arrive at the Port of Inchon in August. It had planned to buy 1,000 tonnes of zinc, but reduced purchase volume due to high premiums.

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