Traders Sell Actively on Fears for Zinc Premium Fall, SMM Reports

Published: Aug 25, 2017 18:57
Traders sold actively today in Shanghai spot zinc market due to fears that spot premiums will fall further next week, SMM reports.

SHANGHAI, Aug. 25 (SMM) – Traders sold actively today in Shanghai spot zinc market due to fears that spot premiums will fall further next week, SMM reports.

Tianjin Sees Wider Price Gap on Spot Zinc with Shanghai, SMM Reports

Overall trading was lackluster compared to yesterday.

Zinc Price Spread Narrows between Guangdong and Shanghai, SMM Reports

#0 zinc traded mainly in 26,450-26,550 yuan per tonne range in Shanghai on August 25, SMM data showed.

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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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Traders Sell Actively on Fears for Zinc Premium Fall, SMM Reports - Shanghai Metals Market (SMM)