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.

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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.

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

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