SHANGHAI, Sept. 8 (SMM) – Total zinc inventories in Shanghai, Tianjin and Guangdong will remain low next week, SMM predicts.
Why Zinc Price Spread Expand Sharply between Tianjin and Shanghai? SMM Reports
Downstream buying interest was strong as zinc prices slumped in the latter half of this week. Despite inflows of imported zinc, outward shipments were also high. Together with maintenance at smelters around Tianjin and Guangdong, total inventories in the three regions will remain low, SMM explained.
Zinc Spot Premiums Hold Firm as Delivery Nears, SMM Reports
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