Zinc Price Spread Narrows between Guangdong and Shanghai, SMM Reports

Published: Aug 25, 2017 19:00
The price spread on #0 zinc narrowed 30 yuan per tonne between Guangdong and Shanghai today.

SHANGHAI, Aug. 25 (SMM) – The price spread on #0 zinc narrowed 30 yuan per tonne between Guangdong and Shanghai today.

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

Trading was mostly contributed by traders, while downstream buyers took a thick wait-and-see attitude, SMM noted.

Traders Sell Actively on Fears for Zinc Premiums’ Fall, SMM Reports

#0 zinc traded mainly in 26,350-26,400 yuan per tonne range in Guangdong 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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Zinc Price Spread Narrows between Guangdong and Shanghai, SMM Reports - Shanghai Metals Market (SMM)