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SHANGHAI, Jun. 27 (SMM) - Zinc import profit inverted to loss due to falling SMM/LME zinc price ratio, SMM reported.
Zinc Prices to Hold Strong This Week, SMM Foresees
The SMM/LME zinc price ratio fell from 8.7-8.8 to 8.4 as of June 26. Import losses expanded to 600 yuan per tonne, SMM data showed.
Influx of imported zinc thus declined, SMM added.
Zinc Inventories Add Further in China Major Markets, SMM Reports
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