Big Zinc Price Volatility Keeps Market Players Cautious, SMM Reports

Published: Sep 15, 2017 19:13

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Traders and downstream buyers were both very reticent in the spot market today due to big volatility in zinc price, SMM reported.

SHANGHAI, Sept. 15 (SMM) – Traders and downstream buyers were both very reticent in the spot market today due to big volatility in zinc price, SMM reported.

ILZSG: Global Refined Zinc Consumption Outstrips Output in July

SHFE October zinc surged after opening and then plunged shortly. Downstream buyers preferred imported zinc.

LME Zinc Net Longs Decline to 2-Month Low

#0 zinc traded at 25,210-25,630 yuan per tonne on September 15 in Shanghai.

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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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