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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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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