Guangdong Zinc Price Inverts from Discounts to Premiums over Shanghai, SMM Reports

Published: Aug 30, 2017 18:30

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Spot zinc prices in Guangdong changed from 50 yuan per tonne below to 20 yuan per tonne above Shanghai prices today.

SHANGHAI, Aug. 30 (SMM) – Spot zinc prices in Guangdong changed from 50 yuan per tonne below to 20 yuan per tonne above Shanghai prices today.

Zinc Premiums in Guangdong Outstrip Shanghai, Here’s Why, SMM Reports

Both traders and downstream buyers lacked buying interest, leaving trading quiet, SMM noted.

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

#0 zinc traded mainly in 26,080-26,170 yuan per tonne range in Guangdong on August 30, 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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