Zinc spot premiums stay high on sellers' resistance-Shanghai Metals Market

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Zinc spot premiums stay high on sellers' resistance

Price Review & Forecast 04:39:59PM Apr 17, 2018 Source:SMM

Zinc spot premiums stood at high levels over the past week as sellers were not willing to let go cargoes given weak zinc prices and the expected lower value-added tax rate from May, SMM believes.

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Zinc spot premiums stay high on sellers' resistance

Price Review & Forecast 04:39:59PM Apr 17, 2018 Source:SMM

Zinc spot premiums stood at high levels over the past week as sellers were not willing to let go cargoes given weak zinc prices and the expected lower value-added tax rate from May, SMM believes.

locked

To unlock SMM Insight, please upgrade your account.