Zinc premiums move slightly in Europe, the US, Southeast Asia, but Shanghai stable

Despite generally muted demand, zinc premiums moved slightly in Europe, the US and Southeast Asia in the assessment period to Tuesday March 21, while a narrowing arbitrage window increased interest in long-term contracts for imported zinc ingots in Shanghai.

Slight increase in availability and sideways demand causes zinc premiums in the US and Southeast Asia to drop slightly But backwardation limits buying appetite in Southeast Asia Shanghai import...

Published

Yasemin Esmen

Josh Fulton

Shiyue Zhao

March 22, 2023

16:27 GMT

New York, London, Shanghai