SHANGHAI, Jun. 27 (SMM) - Spot premiums in Tianjin topped Shanghai and Guangdong June 26, SMM said.
Spot premiums on #0 zinc in Tianjin were 350-450 yuan per tonne over July zinc on the Shanghai Futures Exchange (SHFE), with premiums over Shanghai prices expanding about 100 yuan per tonne to 150 yuan per tonne.
Spot premiums in Shanghai and Guangdong have been shrinking over the past two weeks. In contrast, those in Tianjin were firm because of robust consumption, SMM explained.
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