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Import Profit Window Closes for Zinc, How Much Zinc Will Flow to China in September? SMM Reports

iconSep 5, 2017 17:41
Source:SMM
Profit for imported zinc inverted from 300 to losses of 100 yuan per tonne since the SMM/LME zinc price ratio fell to 8.2 on September 5, closing the import profit window for zinc, SMM reports.

SHANGHAI, Sept. 5 (SMM) – Profit for imported zinc inverted from 300 to losses of 100 yuan per tonne since the SMM/LME zinc price ratio fell to 8.2 on September 5, closing the import profit window for zinc, SMM reports.

Zinc Concentrate TCs Fall in Inner Mongolia on Supply Tightness, SMM Reports

But there will still be influx of imported zinc in September which was booked when the import profit window remained open. The volume will be 30,000-40,000 tonnes. 

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

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