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Home / Metal News / Zinc Premiums Contract in Shanghai, Deals Lose Luster after SHFE Zinc Rises, SMM Reports

Zinc Premiums Contract in Shanghai, Deals Lose Luster after SHFE Zinc Rises, SMM Reports

iconAug 8, 2017 13:58
Source:SMM
Spot premiums of domestic zinc narrowed 30-50 yuan per tonne in Shanghai over SHFE September zinc, SMM reports.

SHANGHAI, Aug. 8 (SMM) – Spot premiums of domestic zinc narrowed 30-50 yuan per tonne in Shanghai over SHFE September zinc, SMM reports.

Zinc Inventories Hold Stable in China Major Markets, SMM Reports

Downstream buyers take a wait-and-see attitude after SHFE zinc prices climbed, and overall transactions were weaker than yesterday, SMM noted.

China Refined Zinc Output Falls in July, but to Grow in August, SMM Says

#0 zinc traded mainly in 23,950-24,130 yuan per tonne range in Shanghai on August 8. #0 zinc prices in Guangdong were 23,910-23,970 yuan per tonne and 24,050-24,900 yuan per tonne in Tianjin, SMM data showed.

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For queries, please contact Michael Jiang at michaeljiang@smm.cn

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