Big Rise in Profit to Attract More Inflows of Imported Zinc in China, SMM Says

Published: Sep 18, 2017 18:30

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The SMM/LME zinc price ratio rose from 8.2 last week to 8.46, expanding import profit from 100 to 700 yuan per tonne.

SHANGHAI, Sept. 18 (SMM) – The SMM/LME zinc price ratio rose from 8.2 last week to 8.46, expanding import profit from 100 to 700 yuan per tonne.

NBS: China Zinc Output Falls Noticeably in August

This will attract more inflows of imported zinc, SMM predicts.

Zinc Spot Premiums Shrink in Tianjin due to Imported Zinc? SMM Reports

Imported zinc mainly consisted of KZ, Spanish and Indian zinc recently, which are 80-180 yuan per tonne cheaper than domestic resources.

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