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Spot Zinc Price Movement (2013-7-2)

iconJul 2, 2013 17:16
Source:SMM
#0 zinc prices were between RMB 14,640-14,660/mt, with spot premiums between RMB 50-70/mt against SHFE 1310 zinc contract prices.

SHANGHAI, Jul. 2 (SMM) – #0 zinc prices were between RMB 14,640-14,660/mt, with spot premiums between RMB 50-70/mt against SHFE 1310 zinc contract prices. #1 zinc prices were around RMB 14,620/mt. SHFE 1310 zinc contract prices extended gains and climbed to RMB 14,600/mt. Cargo holders were actively selling goods at higher prices, and some traders pushed goods modestly. But downstream buyers remained cautious, pushing as needed, keeping transactions quiet.
 

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