Zinc Spot Premiums Narrow in Shanghai, SMM Reports

Published: Jul 17, 2017 14:15

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Spot premiums for regular #0 zinc in Shanghai contracted on July 17 to 0-250 yuan per tonne over August zinc on the Shanghai Futures Exchange (SHFE), SMM reported.

SHANGHAI, Jun. 13 (SMM) - Spot premiums for regular #0 zinc in Shanghai contracted on July 17 to 0-250 yuan per tonne over August zinc on the Shanghai Futures Exchange (SHFE), SMM reported.

Zinc Prices to Stay at High Levels This Week, SMM Foresees

Spot premiums in Guangdong were 20-30 yuan per tonne, and 70-100 yuan per tonne in Tianjin market.

Zinc Inventories Post Further Growth in China Major Markets, SMM Reports

Trading was mixed in Shanghai, Tianjin and Guangdong, SMM said.

#0 zinc traded mainly in 22,930-23,250 yuan per tonne range in Shanghai on July 17. #0 zinc prices in Guangdong were 22,900-22,950 yuan per tonne and 23,050-23,300 yuan per tonne in Tianjin, SMM data showed.

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zinc premiums zinc prices zinc SHFE zinc price LME zinc price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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