Zinc Spot Premiums Expand in Tianjin, SMM Reports

Published: Sep 7, 2017 15:09

Save

Spot premiums on #0 zinc in Tianjin expanded 50 to 700 yuan per tonne on September 7, SMM reports.

SHANGHAI, Sept. 7 (SMM) – Spot premiums on #0 zinc in Tianjin expanded 50 to 700 yuan per tonne on September 7, SMM reports.

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

Overall trading was lackluster compared to yesterday, with supplies tight. Zinc smelters sold mainly for term contracts, while downstream buyers purchased as needed.

Zinc Spot Premiums Expand Remarkably in Guangdong as SHFE Zinc Dives, SMM Reports

#0 zinc traded at 25,800-26,660 yuan per tonne on September 7 in Tianjin.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

spot premiums zinc prices SHFE zinc spot discounts imported zinc

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Ningbo zinc: Downstream enterprises are deterred by high prices and remain on the sidelines, resulting in weak spot zinc trading [SMM Midday Review]

[Ningbo Zinc: Downstream Enterprises Cautious on High Prices, Spot Transactions Weak] Ningbo market mainstream brand #0 zinc transaction price was around 25,610-25,705 yuan/mt, while Ningbo conventional brands quoted a premium of 10 yuan/mt against the 2609 contract and a premium of 40 yuan/mt against Shanghai spot zinc, with Ningbo mainstream brands mainly quoting against the 2609 contract..

1 hour ago

Guangdong Zinc: zinc prices continued to rise, market transactions were difficult [SMM Midday Review]

[Guangdong: Zinc Prices Continue to Rise, Transactions Difficult] Guangdong 0# zinc traded at 25,520-25,615 yuan/mt, with mainstream brands offering quotes at a discount of 90-60 yuan/mt against the 2609 contract, and a discount of 50 yuan/mt against Shanghai spot cargo. The Shanghai-Guangdong price spread narrowed...

1 hour ago

Shanghai Zinc: Futures Prices Rose Noticeably, Overall Market Trading Sluggish [SMM Midday Review]

[Shanghai Zinc: Futures Prices Rose Significantly, Overall Market Trading Sluggish] Today, #0 zinc mainstream transaction prices concentrated in the range of 25,590-25,715 yuan/mt, Shuangyan mainly traded at 25,720-25,885 yuan/mt, and #1 zinc mainstream traded at 25,520-25,645 yuan/mt. In early trading, the market offered a premium of 30-40 yuan/mt against the SMM average price, with no quotes against the futures contract...

1 hour ago