SHANGHAI, Aug. 30 (SMM) – Spot premiums in Guangdong surpassed those in Shanghai as of August 30.
Spot zinc premiums are 180-200 yuan per tonne over September zinc on the SHFE for now. In Shanghai, spot premiums narrowed 70 yuan per tonne from yesterday, shrinking from 220-250 to 150-180 yuan per tonne.
Consequently, zinc prices in Shanghai turned from 50 yuan per tonne above to 30-50 yuan per tonne below Guangdong.
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