13th National Games Barely Distress Zinc Consumption, SMM Reports

Published: Aug 28, 2017 17:07

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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 13^th 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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spot premiums zinc prices SHFE zinc spot discounts

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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