Today see poor transaction in Shanghai, Guangdong and Tianjin markets, mainly because SHFE Zinc rushes high and downstream are reluctant to purchase.

[SMM Forecast] Low-grade Nickel Pig Iron Market Analysis and Forecast

SHANGHAI, Nov.22 (SMM)－Today see poor transaction in Shanghai, Guangdong and Tianjin markets, mainly because SHFE Zinc rushes high and downstream are reluctant to purchase, which have finished stocking up when zinc price is at low pint previously. With waiting and seeing emotion, SMM predicts in the short term zinc spot market is to keep light with high price of zinc.

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