Shanghai Zinc: Downstream actively purchases at low prices, market premiums rise significantly [SMM Midday Commentary]
[Shanghai Zinc: Active Purchases by Downstream at Low Prices, Market Premiums Rise Notably] Today, mainstream transaction prices for #0 zinc were concentrated at 25,775-26,060 yuan/mt, with no transactions for Shuangyan. Mainstream transaction prices for #1 zinc were at 25,685-25,990 yuan/mt. In early trading, market quotes were at premiums of 80-90 yuan/mt against the SMM average price, with no quotes against the contract yet...