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SHFE Zinc Falls but Fails to Improve Trading in Shanghai Market, SMM Reports

iconSep 13, 2017 17:46
Source:SMM
Spot trading in Shanghai zinc market was sluggish today despite lower SHFE zinc prices, SMM reported.

SHANGHAI, Sept. 13 (SMM) – Spot trading in Shanghai zinc market was sluggish today despite lower SHFE zinc prices, SMM reported.

SHFE October zinc plummeted in the morning session, and closed at 25,965 yuan per tonne.

LME Zinc Prices Plunge after Surge in LME Zinc Inventories? SMM Reports

Spot premiums were 280-500 yuan per tonne over SHFE October zinc.

LME Zinc Net Longs Decline to 2-Month Low

#0 zinc traded between 25,380-25,650 yuan per tonne in Shanghai market on September 13.

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spot premiums
zinc prices
SHFE zinc
spot discounts
imported zinc
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