Zinc Premiums Exhibit Mixed Trend in Shanghai, SMM Reports

Published: Aug 18, 2017 14:36
Spot premiums of regular zinc brands in Shanghai expanded 50-290 yuan per tonne to 390-430 yuan per tonne over September zinc on the SHFE, while spot premiums of Shuangyan branded #0 zinc narrowed 30-

SHANGHAI, Aug. 18 (SMM) – Spot premiums of regular zinc brands in Shanghai expanded 50-290 yuan per tonne to 390-430 yuan per tonne over September zinc on the SHFE, while spot premiums of Shuangyan branded #0 zinc narrowed 30-120 yuan per tonne to 420-430 yuan per tonne, SMM data showed.

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#0 zinc traded mainly in 26,350-26,510 yuan per tonne range in Shanghai August 18, SMM data showed.

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Some smelters sell actively as zinc prices follow upward track. Traders mainly trade for term contracts, SMM understands.

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.

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