SHANGHAI, Sept. 18 (SMM) – The SMM/LME zinc price ratio rose from 8.2 last week to 8.46, expanding import profit from 100 to 700 yuan per tonne.
NBS: China Zinc Output Falls Noticeably in August
This will attract more inflows of imported zinc, SMM predicts.
Zinc Spot Premiums Shrink in Tianjin due to Imported Zinc? SMM Reports
Imported zinc mainly consisted of KZ, Spanish and Indian zinc recently, which are 80-180 yuan per tonne cheaper than domestic resources.
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