Latest Review of Shanghai Zinc Spot: Nov 21

SHANGHAI, Nov 21 (SMM) – The main price range of 0#zinc is RMB 25,400 – 25,520 / ton in Shanghai. 0#zinc from Chinese brands is at a RMB 180 - 200 / ton premium than ZN1712, with 0#Shuangyan at a 300 – 320 yuan / ton premium. 1#zinc’s price range is 25,340 – 25,420 yuan / ton. ZN1712 fluctuated this morning and closed at RMB 25,255 / ton. Some smelters were reluctant to sell. The price trend of Chinese brand #0zinc has been strong recently with the increasing number of transactions in zinc market. Less trade were made by merchants. Downstream mostly purchased zinc imports, and the number of transactions is not as good as yesterday.

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