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Zinc Spot Premiums Expand in Shanghai, Imported Zinc More Popular
Aug 28,2017 17:37CST
smm insight
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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