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

SHANGHAI, Oct. 12 (SMM) &ndash; 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.

<a href="https://news.metal.com/newscontent/100761405/Zinc-Spot-Premiums-Shrink-Further-but-Fail-to-Inspire-Downstream-Purchases,-SMM-Reports">Zinc Spot Premiums Shrink Further but Fail to Inspire Downstream Purchases, SMM Reports</a>

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

<a href="https://news.metal.com/newscontent/100761404/Trading-Improves-in-Tianjin-Spot-Zinc-Market-as-Zinc-Price-Falls,-SMM-Reports">Trading Improves in Tianjin Spot Zinc Market as Zinc Price Falls, SMM Reports</a>

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

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