Zinc Spot Premiums Expand in Tianjin, SMM Reports

Published: Sep 7, 2017 15:09
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.

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

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

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Zinc Spot Premiums Expand in Tianjin, SMM Reports - Shanghai Metals Market (SMM)