Zinc Supply Tightness Alleviates in Shanghai and Tianjin after Influx of Imported Zinc, SMM Reports

Published: Jun 15, 2017 15:23
Both Shanghai and Tianjin markets witnessed inflows of imported zinc recently, which helped ease local spot zinc supply tightness, SMM said.

SHANGHAI, Jun. 15 (SMM) - Both Shanghai and Tianjin markets witnessed inflows of imported zinc recently, which helped ease local spot zinc supply tightness, SMM said.

Zinc Spot Premiums Stay High in Guangdong, Price Gap Expands Remarkably between Guangdong and Shanghai, SMM Reports

About 3,000-4,000 tonnes of imported zinc arrived in Tianjin over the past two weeks. Consequently, spot premiums of domestic zinc brands were weighed.

As of June 15, nearly 20,000 tonnes of imported zinc flowed to Shanghai this week, SMM understands.

ILZSG: Global Zinc Deficit Expands in April

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