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Spot Zinc Price Movement (2013-7-9)
Jul 9,2013 18:27
CSTprice review forecast
Source:SMM
#0 zinc prices were between RMB 14,600-14,630/mt, with spot premiums between RMB 80-100/mt against SHFE 1310 zinc contract prices.
SHANGHAI, Jul. 9 (SMM) – #0 zinc prices were between RMB 14,600-14,630/mt, with spot premiums between RMB 80-100/mt against SHFE 1310 zinc contract prices. #1 zinc prices were between RMB 14,580-14,590/mt. SHFE 1310 zinc contract prices opened higher then fluctuated, and spot zinc prices rose, but smelters continued to hold onto their goods. Some traders were actively moving goods at higher prices, while downstream buying interest was low, with transactions muted.
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