Premiums of LME Spot Stays High, Supporting Zinc Price

Published: Oct 25, 2017 08:38
This week LME Zinc inventories reduces from 2,825 tonnes to 266,145 tonnes, and current premiums of LME spot zinc keeps high level ($55-60 per tonne).

SHANGHAI, Oct. 25 (SMM)-This week LME Zinc inventories reduces from 2,825 tonnes to 266,145 tonnes, and current premiums of LME spot zinc keeps high level ($55-60 per tonne), which will support zinc price to some extent. SMM estimates in the short term premiums of LME spot will stay high and supports the zinc price.


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