Imported Zinc Basks in Advantage as Domestic Zinc Maintains High Premiums, SMM Reports-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Zinc
  • Production data
  • Market commentary
  • Macroeconomics
  • Morning comments
  • Futures movement
  • NPI
  • Copper
  • Aluminium
  • Nickel
  • Nickel ore
  • In the United States
  • trade negotiations
  • nickel laterite

Imported Zinc Basks in Advantage as Domestic Zinc Maintains High Premiums, SMM Reports

Industry News 03:16:39PM Jun 14, 2017 Source:SMM

SHANGHAI, Jun. 14 (SMM) - Imported zinc is more popular with downstream buyers and traders in Shanghai market due to high premiums of domestic #0 zinc against SHFE July zinc, SMM reported.

The price spread between domestic and imported zinc was 300 yuan per tonne on June 14, according to SMM data.

Grupo Mexico to Double Metal Smelting Capacity in Peru after New Environmental Protection Regulations

Premiums on #0 zinc narrowed 60-150 yuan per tonne from June 13 to 920-1,150 yuan per tonne over SHFE July zinc on June 14.

#0 zinc traded in a 22,380-22,640 yuan per tonne range in Shanghai June 14. #0 zinc prices in Guangdong were 22,500-22,550 yuan per tonne and 22,300-23,500 yuan per tonne in Tianjin.

Zinc Inflows in Shanghai Grow This Week, Majorly in 3 Warehouses, SMM Reports

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

 

 

 

Imported Zinc Basks in Advantage as Domestic Zinc Maintains High Premiums, SMM Reports

Industry News 03:16:39PM Jun 14, 2017 Source:SMM

SHANGHAI, Jun. 14 (SMM) - Imported zinc is more popular with downstream buyers and traders in Shanghai market due to high premiums of domestic #0 zinc against SHFE July zinc, SMM reported.

The price spread between domestic and imported zinc was 300 yuan per tonne on June 14, according to SMM data.

Grupo Mexico to Double Metal Smelting Capacity in Peru after New Environmental Protection Regulations

Premiums on #0 zinc narrowed 60-150 yuan per tonne from June 13 to 920-1,150 yuan per tonne over SHFE July zinc on June 14.

#0 zinc traded in a 22,380-22,640 yuan per tonne range in Shanghai June 14. #0 zinc prices in Guangdong were 22,500-22,550 yuan per tonne and 22,300-23,500 yuan per tonne in Tianjin.

Zinc Inflows in Shanghai Grow This Week, Majorly in 3 Warehouses, SMM Reports

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