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13th National Games Barely Distress Zinc Consumption, SMM Reports

iconAug 28, 2017 17:07
Source:SMM
The opening of the 13th National Games did not constrain downstream consumption. Downstream buyers purchased even more actively at lower zinc prices.

SHANGHAI, Aug. 28 (SMM) – The opening of the 13th National Games did not constrain downstream consumption. Downstream buyers purchased even more actively at lower zinc prices.

Spot premiums of regular zinc brands in Tianjin were 350-450 yuan per tonne over September zinc on the SHFE on August 28, SMM data showed.

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Downstream buying interest weakened from yesterday.

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#0 zinc traded mainly in 26,250-26,900 yuan per tonne range in Tianjin on August 28, SMM data showed.

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