Zinc Premiums in Guangdong Outstrip Tianjin on Low Zinc Inventory, SMM Reports

Published: Sep 19, 2017 17:47 (GMT+8)
Spot premiums on #0 zinc in Guangdong surpassed those in Tianjin as cargo holders held quotes firm due to low inventory, SMM reported.

SHANGHAI, Sept. 19 (SMM) – Spot premiums on #0 zinc in Guangdong surpassed those in Tianjin as cargo holders held quotes firm due to low inventory, SMM reported.

NBS: China Zinc Output Falls Noticeably in August

Traders sold actively, while downstream buyers purchased as needed.

Teck Resources Ups Zinc Output Target at Red Dog Mine

#0 zinc traded between 26,020-26,070 yuan per tonne in Guangdong on September 19. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
State Council to Study Policies for Real Estate Stability and Employment Growth
1 hour ago
State Council to Study Policies for Real Estate Stability and Employment Growth
Read More
State Council to Study Policies for Real Estate Stability and Employment Growth
State Council to Study Policies for Real Estate Stability and Employment Growth
[SMM Flash] State Council Executive Meeting: Roll out a batch of practical and effective incremental policies, and study the introduction of policy measures to stabilize the real estate market and promote employment and income growth.
1 hour ago
China's Refined Zinc Market Sees Pre-Holiday Stockpiling Slow, Trading Quiets Down
1 hour ago
China's Refined Zinc Market Sees Pre-Holiday Stockpiling Slow, Trading Quiets Down
Read More
China's Refined Zinc Market Sees Pre-Holiday Stockpiling Slow, Trading Quiets Down
China's Refined Zinc Market Sees Pre-Holiday Stockpiling Slow, Trading Quiets Down
[SMM Flash] Today, China's refined zinc spot market overall showed signs of pre-holiday stockpiling winding down and trading turning quiet. Zinc prices continued to consolidate at highs, while downstream enterprises had largely completed their pre-holiday stockpiling and mostly shifted to a wait-and-see stance, resulting in generally moderate market transactions.
1 hour ago
Guangdong Enterprises Complete Stockpiling, Spot Market Transactions Moderate Amid Unchanged Premiums
1 hour ago
Guangdong Enterprises Complete Stockpiling, Spot Market Transactions Moderate Amid Unchanged Premiums
Read More
Guangdong Enterprises Complete Stockpiling, Spot Market Transactions Moderate Amid Unchanged Premiums
Guangdong Enterprises Complete Stockpiling, Spot Market Transactions Moderate Amid Unchanged Premiums
[SMM Flash] As the holiday approaches, enterprises in Guangdong with stockpiling demand have largely completed their stockpiling. Transactions in the spot market were moderate today. Although some brands quoted higher prices recently, actual transactions were relatively difficult, and spot premiums remained unchanged from yesterday.
1 hour ago