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

Published: Aug 8, 2017 13:58
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.

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

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Zinc Premiums Contract in Shanghai, Deals Lose Luster after SHFE Zinc Rises, SMM Reports - Shanghai Metals Market (SMM)