Spot Premiums Stay Firm for Imported Zinc despite Big Drop for Domestic Brands, SMM Reports

SHANGHAI, Sept. 28 (SMM) – Spot premiums for imported zinc stay firm on September 29 in Shanghai, although those for domestic brands fall rapidly, SMM reports.

Downstream buyers’ purchase habit and low availability supported premiums for imported zinc, SMM said.

What Pushes Spot Zinc Premiums down so Hard in Shanghai? SMM Analysis

Spot premiums for domestic zinc dropped to 50-120 yuan per tonne over October zinc on the SHFE.

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

#0 zinc traded between 26,030-26,170 yuan per tonne in Shanghai on September 28.

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