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Zinc Spot Premiums Expand in Shanghai, Imported Zinc More Popular

iconAug 28, 2017 17:37
Source:SMM
Downstream buyers and traders preferred imported goods as imported zinc was sufficient in Shanghai which held price advantage, SMM reports.

SHANGHAI, Aug. 28 (SMM) – Downstream buyers and traders preferred imported goods as imported zinc was sufficient in Shanghai which held price advantage, SMM reports.

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Spot premiums of domestic #0 zinc expanded 30-50 yuan per tonne to 280-350 yuan per tonne over SHFE September zinc, SMM said.

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#0 zinc traded mainly in 26,140-26,270 yuan per tonne range in Shanghai on August 28, SMM data showed.

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spot premiums
zinc prices
SHFE zinc
spot discounts
imported zinc
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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