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Home / Metal News / Zinc Price Spread Returns to Zero between Guangdong and Shanghai, SMM Reports

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

Oct 12, 2017 18:29

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.

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.

zinc prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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

SMM Events & Webinars

NET ZERO CHINA Field Trip

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