You are here: News > SMM Insight > Zinc > Zinc Price Spread Returns to Zero between Guangdong and Shanghai, SMM Reports

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

SMM Insight 06:29PM Oct 12, 2017 Source:SMM

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.

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

Traders sold actively, and downstream buyers purchased at lower prices.

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

#0 zinc traded between 26,420-26,460 yuan per tonne in Guangdong on October 12.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

 

Key Words:  zinc prices