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EventsConsultingHome / Metal News / Zinc / China Imported Zinc Supply to Grow as Import Profit Window Reopens, SMM Says
China Imported Zinc Supply to Grow as Import Profit Window Reopens, SMM Says
Aug 4,2017 18:52
CSTsmm insightindustry news
Source:SMM
Inflows of imported zinc will increase in the near term due to the reopening of import profit window, SMM said.
SHANGHAI, Aug. 4 (SMM) - Inflows of imported zinc will increase in the near term due to the reopening of import profit window, SMM said.
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The SMM/LME zinc price ratio rose from 8.31 to 8.36 this past week. As a result, import losses turned from 200 yuan per tonne to profit of 100 yuan per tonne.
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