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Spot Zinc Price Movement (2013-7-11)
Jul 11,2013 18:27CST
price review forecast
Source:SMM
#0 zinc prices edged up to RMB 14,750-14,770/mt, with spot premiums narrowing slightly to RMB 60-80/mt against SHFE 1310 zinc contract prices.

SHANGHAI, Jul. 11 (SMM) – #0 zinc prices edged up to RMB 14,750-14,770/mt, with spot premiums narrowing slightly to RMB 60-80/mt against SHFE 1310 zinc contract prices. #1 zinc prices were around RMB 14,710/mt. Some mainstream smelters unwillingness to sell goods eased, and some traders bought goods as spot premiums narrowed due to rising SHFE zinc prices, while downstream buyers were purchasing modestly, keeping transactions muted.

 

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