Narrowing Losses to Drive More Imported Zinc to Shanghai, SMM Reports

Published: May 15, 2017 17:35

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Losses on imported zinc have been contracting since mid-to-late March, which are only 162 yuan per tonne for now, SMM understands.

SHANGHAI, May 15 (SMM) - Losses on imported zinc have been contracting since mid-to-late March, which are only 162 yuan per tonne for now, SMM understands.

In this scenario, Shanghai witnessed inflows of imported zinc recently, consisting of Spanish, Mexico and Indian zinc.

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Additional influx of imported resources is expected in the near term, SMM said.

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