Zinc trading range for the day is 172.7-181.1. Zinc prices dropped as prices are running out of steam, with shortages in China appearing to be less severe than expected. Major zinc producer Nyrstar announced that it had put in place first-half 2018 hedging for 70% of the refined metal it will produce. Spot premiums for regular zinc in Shanghai contracted by additional 20-50 yuan per tonne over August zinc on SHFE.
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