Zinc Spot Premiums Shrink Further in Shanghai, SMM Reports

Published: Jul 18, 2017 14:47

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Spot premiums for regular #0 zinc in Shanghai contracted 50 over August zinc on the Shanghai Futures Exchange (SHFE) on July 18, SMM reported.

SHANGHAI, Jun. 18 (SMM) - Spot premiums for regular #0 zinc in Shanghai contracted 50 over August zinc on the Shanghai Futures Exchange (SHFE) on July 18, SMM reported.

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#0 zinc prices in Shanghai were 30 yuan per tonne below or 200 yuan per tonne above SHFE August zinc.

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#0 zinc traded mainly in 23,170-23,460 yuan per tonne range in Shanghai on July 18. #0 zinc prices in Guangdong were 23,220-23,270 yuan per tonne and 23,300-24,380 yuan per tonne in Tianjin, SMM data showed.

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