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Spot Zinc Price Movement (2013-5-22)
May 22, 2013 17:15Source:SMM
SHFE 1309 zinc contract prices opened flat but then edged up later.
SHANGHAI, May 22 (SMM) – SHFE 1309 zinc contract prices opened flat but then edged up later. Spot premiums of #0 zinc against SHFE 1309 zinc contract prices were RMB 50-70/mt, with traded prices between RMB 14,530-14,570/mt. #1 zinc prices were between RMB 14,500-14,530/mt. The price spread between some high-demand brands and other brands expanded due to decreased supply. Cargo holders were still holding back goods and maintaining prices firm, but downstream buying interest was low, keeping overall transactions muted.
SHFE 1309 zinc contract prices
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