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Home / Metal News / Zinc Spot Discounts Expand in Shanghai, Trade Slackens, SMM Reports

Zinc Spot Discounts Expand in Shanghai, Trade Slackens, SMM Reports

Jul 25, 2017 13:45

Source:SMM

Spot discounts for regular #0 zinc expand 30 yuan per tonne in Shanghai market over August zinc on the Shanghai Futures Exchange (SHFE) on July 25.

SHANGHAI, Jun. 25 (SMM) - Spot discounts for regular #0 zinc expand 30 yuan per tonne in Shanghai market over August zinc on the Shanghai Futures Exchange (SHFE) on July 25. Spot zinc prices in Guangdong were quoted at discounts of 20-0 yuan per tonne over August zinc. Spot premiums in Tianjin were 220-300 yuan per tonne, SMM reported.

Zinc Inventories in Three China Major Markets to Grow in August, SMM Foresees

Trading weakened today as downstream buyers only purchased on an as-needed basis due to high zinc prices, SMM noted.

It’s Not Necessary to Get Frustrated after China Zinc Imports Jump, SMM Says

#0 zinc traded mainly in 23,080-23,360 yuan per tonne range in Shanghai on July 25. #0 zinc prices in Guangdong were 23,150-23,180 yuan per tonne and 23,380-24,290 yuan per tonne in Tianjin, SMM data showed.

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Spot zinc trading improved in Guangdong today as traders purchased goods actively.

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Aug 28, 2017 17:37

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Zinc Premiums Expand in Tianjin as SHFE Zinc Falls, SMM Reports

Spot premiums of regular zinc brands in Tianjin expand 50 to 450-500 yuan per tonne over September zinc on the SHFE on August 23, SMM data showed.

Aug 23, 2017 16:33

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Zinc Spot Discounts Expand in Shanghai, Trade Slackens, SMM Reports

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