SHFE Zinc Price Surge Depresses Spot Trading in Shanghai, SMM Reports

Published: Sep 26, 2017 14:05
Trading in Shanghai spot zinc market is sluggish today as SHFE zinc price rose rapidly, SMM reported.

SHANGHAI, Sept. 26 (SMM) – Trading in Shanghai spot zinc market is sluggish today as SHFE zinc price rose rapidly, SMM reported.

Some Zinc Mines in Sichuan Remain Closed after Environmental Protection Inspections

SHFE 1710 zinc extended last night’s gains after opening September 26. Both smelters and traders sold actively, while downstream buyers are cautious in the face of high zinc prices.

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

#0 zinc traded between 26,250-26,350 yuan per tonne in Shanghai on September 26. 

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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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SHFE Zinc Price Surge Depresses Spot Trading in Shanghai, SMM Reports - Shanghai Metals Market (SMM)