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Zinc Spot Premiums Narrow in Shanghai, SMM Reports

iconJul 17, 2017 14:15
Source: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.

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.

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

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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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