SHANGHAHI, Aug. 10 (SMM) – Prices for SMC imported zinc rose close to domestic #0 zinc prices at one point today due to supply tightness, SMM reports.
Spot discounts of domestic zinc expanded 50 yuan per tonne in Guangdong over SHFE September zinc today, but failed to give any lift to transactions.
#0 zinc traded mainly in 24,350-24,490 yuan per tonne range in Shanghai on August 10. #0 zinc prices in Guangdong were 24,300-24,340 yuan per tonne and 24,500-25,320 yuan per tonne in Tianjin, SMM data showed.
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