Shanghai Zinc: SHFE Zinc Futures Consolidate, Spot Premiums Steady MoM [SMM Midday Commentary]

[Shanghai Zinc: SHFE Zinc Futures Consolidate, Spot Premiums Stable MoM] Today, mainstream transaction prices for #0 zinc were concentrated at 24,700-24,735 yuan/mt, Shuangyan mainstream transactions were at 24,850-24,975 yuan/mt, and #1 zinc mainstream transactions were at 24,630-24,665 yuan/mt. In early trading, offers for cargoes with invoices dated next month against the SMM average price were at premiums of 10-30 yuan/mt, with no quotes against futures yet…

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