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Spot Zinc Price Movement (2013-7-10)
Jul 10,2013 16:57
CSTprice review forecast
Source:SMM
#0 zinc prices were between RMB 14,570-14,600/mt, with spot premiums between RMB 90-100/mt against SHFE 1310 zinc contract prices.
SHANGHAI, Jul. 10 (SMM) – #0 zinc prices were between RMB 14,570-14,600/mt, with spot premiums between RMB 90-100/mt against SHFE 1310 zinc contract prices. #1 zinc prices were between RMB 14,550-14,560/mt. Both supply and demand was weak, with transactions limited. SHFE 1310 zinc contract prices opened low then fluctuated. Smelters were unwilling to sell goods, and traders stood on the sidelines, while downstream buyers purchasing as needed, keeping transactions muted.
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