Cargo Holders Leave Quotes High as Zinc Inventories Stay Low, SMM Reports

Published: Aug 23, 2017 16:56

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Cargo holders held their quotes high since zinc inventories in Guangdong are still limited, SMM learns.

SHANGHAI, Aug. 23 (SMM) – Cargo holders held their quotes high since zinc inventories in Guangdong are still limited, SMM learns.

Imported Zinc Adds to Spot Supplies despite Tightness of Domestic Brands, SMM Reports

Zinc smelters mainly deliver goods for term contracts. Overall trading is lackluster today.

Zinc Premiums Expand in Tianjin as SHFE Zinc Falls, SMM Reports

#0 zinc traded mainly in 26,060-26,200 yuan per tonne range in Guangdong August 23, SMM data showed.

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zinc prices zinc inventories LME zinc SHFE zinc zinc trading

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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