SHANGHAHI, Aug. 11 (SMM) – Trading in China’s spot zinc markets is better today. Downstream buyers’ buying interest increased after zinc prices dropped.
Spot discounts of domestic zinc narrowed 40 yuan per tonne and 20 yuan per tonne in Guangdong and Shanghai over SHFE September zinc today, SMM reports.
One China Zinc Smelter Denies Production Halts Rumor, SMM Reports
#0 zinc traded mainly in 24,170-24,360 yuan per tonne range in Shanghai on August 11. #0 zinc prices in Guangdong were 24,200-24,230 yuan per tonne and 24,400-25,200 yuan per tonne in Tianjin, SMM data showed.
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