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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