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Zinc Premiums Exhibit Mixed Trend in Shanghai, SMM Reports

iconAug 18, 2017 14:36
Source: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-

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.

spot premiums
zinc prices
SHFE zinc
spot discounts

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