Zinc Spot Premiums Shrink Further but Fail to Inspire Downstream Purchases, SMM Reports

Published: Oct 12, 2017 18:25
Spot premiums in Shanghai narrowed 60-70 to 310-380 yuan per tonne today over November zinc on the SHFE, but this did not improve purchases by downstream buyers.

SHANGHAI, Oct. 12 (SMM) – Spot premiums in Shanghai narrowed 60-70 to 310-380 yuan per tonne today over November zinc on the SHFE, but this did not improve purchases by downstream buyers.

Zinc Price Spread Returns to Zero between Guangdong and Shanghai, SMM Reports

Trading among traders picked up, though.

Trading Improves in Tianjin Spot Zinc Market as Zinc Price Falls, SMM Reports

#0 zinc traded between 26,410-26,550 yuan per tonne in Shanghai on October 12. 

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