Rising SHFE Zinc Distress Trading in Shanghai, SMM Reports

Published: Aug 30, 2017 18:18

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After SHFE zinc prices rose, traders mostly took a wait-and-see attitude in the spot market, SMM reported.

SHANGHAI, Aug. 30 (SMM) – After SHFE zinc prices rose, traders mostly took a wait-and-see attitude in the spot market, SMM reported.

Premiums of Imported Zinc May Turn to Discounts with Continuous Influx of Imported Resources, SMM Reports

Spot premiums of domestic #0 zinc narrowed 20-80 yuan per tonne to 150-280 yuan per tonne over SHFE September zinc, SMM said.

Why Zinc Inventories Fall Sharply in Tianjin? How the 13th National Games Affect Downstream Producers? SMM Reports

#0 zinc traded mainly in 25,980-26,130 yuan per tonne range in Shanghai on August 30, SMM data showed.

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LME Zinc prices SHFE zinc prices zinc prices

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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