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Downstream begins to stock up before the National Day, boosting Zinc price for short-term

iconSep 25, 2017 14:19
Source:SMM
SMM predicts that before October, premium of zinc price may remain high and firm for short term.

SHANGHAI, Sept. 25 (SMM) – This week is the last week before the National Day. Some Zinc downstream companies begin to stock up as per their needs, which drives the market transaction and supports the zinc price probably stabilizing at 25000 RMB per ton for short term. SMM predicts that before October, premium of zinc price may remain high and firm for short term.

Zinc
stock up
downstream companies

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