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

iconAug 30, 2017 18:30
Source:SMM
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.

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#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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