Zinc Price in Tianjin Inverts below Shanghai Price on Slack Consumption, SMM Reports

Published: Sep 28, 2017 10:38

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Premiums on regular #0 zinc in Tianjin turned to discounts over Shanghai prices due mainly to sluggish consumption in Tianjin, SMM said.

SHANGHAI, Sept. 28 (SMM) - Premiums on regular #0 zinc in Tianjin turned to discounts over Shanghai prices due mainly to sluggish consumption in Tianjin, SMM said.

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Spot zinc prices in Tianjin were 350 yuan per tonne above Shanghai prices on September 7, and turned to 30 yuan per tonne below the latter September 27, SMM data showed.

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