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

Published: Sep 19, 2017 17:47
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. 

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Zinc Premiums in Guangdong Outstrip Tianjin on Low Zinc Inventory, SMM Reports - Shanghai Metals Market (SMM)