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High SHFE Zinc Price Depresses Spot Trading in Shanghai, SMM Reports
Sep 4,2017 20:29CST
smm insight
Source:SMM
Spot trading in Shanghai spot zinc market was dampened as SHFE zinc prices hovered at highs September 4, SMM reports.

SHANGHAI, Sept. 4 (SMM) – Spot trading in Shanghai spot zinc market was dampened as SHFE zinc prices hovered at highs September 4, SMM reports.

Premiums of Domestic and Imported Zinc Slide Rapidly in Shanghai, SMM Reports

Trading was mainly made for imported zinc. Downstream buyers took a wait-and-see stance.

How Zinc Inventories Change in Three Regions after Inflows of Imported Zinc? SMM Reports

#0 zinc prices were 26,310-26,590 yuan per tonne in Shanghai on September 4, with spot discounts of 20-0 yuan per tonne over September zinc on the SHFE, SMM data showed.

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