Zinc Spot Premiums Shrink Further in Tianjin on Weak Downstream Buying Interest, SMM Reports

Published: Sep 25, 2017 18:23

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Spot premiums shrank further in Tianjin spot zinc market September 25 as downstream buying interest was low, SMM understands.

SHANGHAI, Sept. 25 (SMM) – Spot premiums shrank further in Tianjin spot zinc market September 25 as downstream buying interest was low, SMM understands.

Spot premiums contracted 100 to 380-450 yuan per tonne over SHFE October zinc.

Zinc Spot Premiums to Expand Further as Zinc Inventory Stays at Record Low in Guangdong, SMM Says

Downstream buyers were unwilling to purchase goods due to environmental protection reason.

What Pushes up Zinc Price Recently? Is There Still Upward Room for Zinc? SMM Reports

#0 zinc traded between 25,830-26,860 yuan per tonne in Tianjin on September 25.

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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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