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Home / Metal News / Zinc Spot Discounts Shrink in Shanghai, Price Spread Narrows between Domestic and Imported Zinc, SMM Reports

Zinc Spot Discounts Shrink in Shanghai, Price Spread Narrows between Domestic and Imported Zinc, SMM Reports

iconJul 27, 2017 13:15
Source:SMM
Spot discounts for regular #0 zinc narrowed 10 yuan per tonne in Shanghai market over August zinc on the Shanghai Futures Exchange (SHFE) on July 27.

SHANGHAI, Jun. 27 (SMM) - Spot discounts for regular #0 zinc narrowed 10 yuan per tonne in Shanghai market over August zinc on the Shanghai Futures Exchange (SHFE) on July 27.

China Zinc Concentrate Output to Grow January-July, SMM Says

The price spread between imported zinc and domestic #0 zinc contracted to 10 yuan per tonne due to low availability of imported resources, SMM said. Imported zinc has been consumed now that the import profit window was closed a long time ago.

Vedanta Zinc Output in India Skyrockets in Q1 2018 FY

#0 zinc traded mainly in 23,260-23,490 yuan per tonne range in Shanghai on July 27. #0 zinc prices in Guangdong were 23,300-23,330 yuan per tonne and 23,480-24,330 yuan per tonne in Tianjin, SMM data showed.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

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For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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