Zinc Spot Premiums Expand in Shanghai, Imported Zinc More Popular

Published: Aug 28, 2017 17:37 (GMT+8)

Save

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.

Gamsberg Zinc Mine Project to Recover Output at Vedanta Subsidiary

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

Zinc Premiums to Fall in Shanghai on More Arriving Shipments from both Home and Abroad, SMM Says

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

For news cooperation, please contact us by email: sallyzhang@smm.cn

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 communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

【SMM Flash News】Bunker Hill Elects to Issue 100,499 Shares for Debt Interest, Subject to Regulatory Approval.

Bunker Hill Mining elected to issue 100,499 common shares at US$2.67 each to satisfy interest payable as of September 30 under certain debt instruments. Issuance remains subject to the debt terms and regulatory and exchange approvals.

7 hours ago

8 hours ago

【SMM Flash News】Masivo Intersects 32.50 Metres of Lead-Zinc-Bearing Polymetallic Mineralization at Cerro Colorado.

Masivo Silver reported assays from CC-26-001, its first hole at Cerro Colorado in Sonora, Mexico. The hole intersected 32.50 metres from 226.30 to 258.80 metres averaging 0.271% zinc, 0.141% lead and 7.0 g/t silver. Technical difficulties ended drilling at 259.5 metres while the hole remained within mineralized rock.

8 hours ago

【SMM Flash News】TomaGold Reports 69.40 Metres Grading 1.94% Zinc at Berrigan Deep.

TomaGold released results from the final three Phase 2 extension holes at Berrigan in Québec, Canada. TOM-25-012EXT returned 69.40 metres grading 1.94% zinc from 784.20 to 853.60 metres, including 4.20 metres at 16.49% zinc. These are core lengths, with true widths estimated at approximately 80–85%.

8 hours ago