The zinc premium in Asian regions, except Taiwan, slides on very low buying interest
European zinc premium stable but still under pressure
The Indian secondary lead premium reaches a historic high after the LME price drop
The United States zinc, lead market stable while manufacturing slows
Zinc premiums in Asia suppressed by sluggish demand
The Asian zinc premium is moving downward amid a wide backwardation in the LME zinc spread and low buying interest ahead of the seasonal lull.
Fastmarkets assessment of the premium for special high grade (SHG) 99.995% purity zinc fell to $90-100 per tonne, cif Shanghai, on Tuesday June 4, down by $10 on both ends of the range against one week earlier.
Fastmarkets assessment of the premium for Shanghai-bonded in-warehouse zinc slid by $10 on both ends of the range to $100-110 per tonne on June 4, from $110-120 per tonne on May 28....