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Why Zinc Spot Discounts Invert to Big Premiums? SMM Reports
Aug 15, 2017 18:16Source:SMM
Spot discounts on #0 zinc inverted from 20 yuan per tonne to premiums of 150-200 yuan per tonne, SMM reported.
SHANGHAI, Aug. 15 (SMM) – Spot discounts on #0 zinc inverted from 20 yuan per tonne to premiums of 150-200 yuan per tonne in Shanghai market, SMM reported.
Losses for Zinc Concentrate Imports Deteriorate, SMM Reports
Some large buyers purchased goods. In the meantime, goods available were limited. This pushed up spot premiums, SMM explained.
Zinc to See Technical Fallback, SMM Foresees
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