SHANGHAI, Oct. 12 (SMM) – The price spread between Shanghai and Guangdong returned to zero today. Spot premiums shrank 50 to 330-350 yuan per tonne today over November zinc on the SHFE.
Traders sold actively, and downstream buyers purchased at lower prices.
#0 zinc traded between 26,420-26,460 yuan per tonne in Guangdong on October 12.
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