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Zinc Premiums in Tianjin Rise Sharply over Shanghai as Zinc Inventories in Tianjin Fall Remarkably for 2 Weeks, SMM Reports
Sep 1,2017 10:10CST
industry news
Source:SMM
Premiums on zinc price in Tianjin rose from 150 yuan per tonne early this week to 400 yuan per tonne over Shanghai prices on September 1, SMM reports.

SHANGHAI, Sept. 1 (SMM) - Premiums on zinc price in Tianjin rose from 150 yuan per tonne early this week to 400 yuan per tonne over Shanghai prices on September 1, SMM reports.

Shanghai Braces for More Inflows of Imported Zinc, SMM Reports

Spot premiums in Tianjin are 500-600 yuan per tonne against SHFE September zinc.

Morgan Stanley: Metal Prices to be Vulnerable to Rebounding US Dollar

Zinc inventories in Tianjin fell for 2 weeks in a row. Meanwhile, inflows of imported zinc in Shanghai increased. This expanded the price gap between the two regions. 

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