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Home / Metal News / Why Zinc Price Spread Expand Sharply between Tianjin and Shanghai? SMM Reports

Why Zinc Price Spread Expand Sharply between Tianjin and Shanghai? SMM Reports

Sep 8, 2017 09:43

Source:SMM

The price gap on zinc between Tianjin and Shanghai expanded to 350-400 yuan per tonne at one point, exceeding the 200-300 yuan per tonne auto freight charge between the two regions.

SHANGHAI, Sept. 8 (SMM) - The price gap on zinc between Tianjin and Shanghai expanded to 350-400 yuan per tonne at one point, exceeding the 200-300 yuan per tonne auto freight charge between the two regions.

Spot premiums in Tianjin surged due to tight supply and steady consumption. This explains the big rise in the price spread, SMM said.

LME Base Metals Inventories (2017-9-7)

The price spread between the two regions will remain at current levels in the near term, SMM predicts.

Zinc Spot Trading Slackens in Shanghai, SMM Reports

Goods transfer from Shangahi to Tianjin is not likely considering downstream consumption in Tianjin and zinc supply tightness in Shanghai. Meanwhile, zinc supply in Tianjin is also limited now.

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zinc prices

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LME zinc

SHFE zinc

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Total zinc inventories across seven Chinese markets stood at 128,700 mt as of November 19, down 2,600 mt from November 12 and 6,500 mt from November 15.

Nov 19, 2021 14:03

Analysis

Zinc Social Inventories Down 2,600 mt on Week

The Production at Smelters Remains as the Market Focus

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Nov 1, 2021 17:07

SMM Insight SMM Comments

The Production at Smelters Remains as the Market Focus

Zinc Social Inventories Up 8,100 mt over the Weekend

Total zinc inventories across seven Chinese markets stood at 147,200 mt as of October 18, up 8,100 mt from Friday October 15 and 10,600 mt from last Monday October 11.

Oct 18, 2021 14:34

Analysis

Zinc Social Inventories Up 8,100 mt over the Weekend

Zinc Price Spread Expand between Guangdong and Shanghai, with Downstream Buying Interest Improving, SMM Reports

The price spread on zinc expanded 30 yuan per tonne between Guangdong and Shanghai today, SMM reported.

Sep 11, 2017 19:07

SMM Insight

Zinc Price Spread Expand between Guangdong and Shanghai, with Downstream Buying Interest Improving, SMM Reports

High SHFE Zinc Price Depresses Spot Trading in Shanghai, SMM Reports

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

Sep 4, 2017 20:29

SMM Insight

High SHFE Zinc Price Depresses Spot Trading in Shanghai, SMM Reports

Survey of Factors behind Surging Zinc Price

Many zinc traders contributed the surge in zinc market mainly to two factors, 21st Century Business Herald reported.

Aug 29, 2017 10:29

Industry

Survey of Factors behind Surging Zinc Price

Zinc Spot Premiums Expand in Shanghai, Imported Zinc More Popular

Downstream buyers and traders preferred imported goods as imported zinc was sufficient in Shanghai which held price advantage, SMM reports.

Aug 28, 2017 17:37

SMM Insight

Zinc Spot Premiums Expand in Shanghai, Imported Zinc More Popular

SHFE Zinc Price down 0.13% (2017-8-24)

SHFE 1710 zinc opened at RMB 26,110/mt and closed at RMB 25,930/mt, down RMB 35/mt or 0.13%.

Aug 24, 2017 18:05

SMM Comments

LME Zinc Hits Nearly 10-Year High on China Reason

LME zinc reached a 10-year high on Wednesday since recent big gains in steel prices boosted raw material markets.

Aug 16, 2017 17:45

Industry

LME Zinc Hits Nearly 10-Year High on China Reason

Spot Zinc Price Surges in Tianjin, Chihong Resources still Short of Demand, SMM Reports

#0 zinc traded mainly in 25,050-25,710 yuan per tonne range in Tianjin August 16, 200 yuan per tonne above Shanghai price and 350-400 yuan per tonne above September zinc on the SHFE, SMM data showed.

Aug 16, 2017 12:06

SMM Insight

Spot Zinc Price Surges in Tianjin, Chihong Resources still Short of Demand, SMM Reports

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Why Zinc Price Spread Expand Sharply between Tianjin and Shanghai? SMM Reports

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