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

Published: Sep 13, 2017 17:46

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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

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.

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