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Spot Zinc Price Movement (2013-7-5)
Jul 5,2013 18:12CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 14,570-14,600/mt, with spot premiums between RMB 80-110/mt against SHFE 1310 zinc contract prices.

SHANGHAI, Jul. 5 (SMM) – #0 zinc prices were between RMB 14,570-14,600/mt, with spot premiums between RMB 80-110/mt against SHFE 1310 zinc contract prices. #1 zinc prices were around RMB 14,540/mt. SHFE 1310 zinc contract prices struggled around RMB 14,500/mt, distressing smelters so they restricted goods supply. Downstream buyers purchased at lower prices, but transactions barely improved due to market pessimism.

 

 

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