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Zinc Spot Premiums Expand Sharply in Shanghai, and Trading Mainly for Term Contract, SMM Reports
Aug 17,2017 15:14CST
industry news
Source:SMM
Spot premiums in Shanghai expanded 50-290 yuan per tonne to 260-550 yuan per tonne over September zinc on the SHFE, SMM data showed.

SHANGHAI, Aug. 17 (SMM) – Spot premiums in Shanghai expanded 50-290 yuan per tonne to 260-550 yuan per tonne over September zinc on the SHFE, SMM data showed.

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#0 zinc traded mainly in 26,390-26,680 yuan per tonne range in Guangdong August 17, SMM data showed.

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Some smelters told SMM their sales slowed today. And trading was mainly made for term contract delivery.

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