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Spot Zinc Price Movement (2013-7-15)

iconJul 15, 2013 17:03
Source:SMM
#0 zinc prices were between RMB 14,760-14,790/mt, with spot premiums of RMB 70-90/mt against SHFE 1310 zinc contract prices.

SHANGHAI, Jul. 15 (SMM) – #0 zinc prices were between RMB 14,760-14,790/mt, with spot premiums of RMB 70-90/mt against SHFE 1310 zinc contract prices. #1 zinc prices were between RMB 14,730-14,740/mt, with imported #0 zinc prices between RMB 14,750-14,760/mt. SHFE zinc prices opened low but moved higher, with #0 zinc prices remaining around RMB 14,750/mt, their highest since mid-June. Smelters unwillingness to sell goods eased, but downstream buyers only purchased as needed, with transactions muted.

 

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