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Home / Metal News / Spot Zinc Price Movement (2013-7-26)

Spot Zinc Price Movement (2013-7-26)

Jul 26, 2013 17:00

Source:SMM

#0 zinc prices were between RMB 14,740-14,770/mt, with spot premiums of RMB 90-120/mt against SHFE 1310 zinc contract prices.

SHANGHAI, Jul. 26 (SMM) – #0 zinc prices were between RMB 14,740-14,770/mt, with spot premiums of RMB 90-120/mt against SHFE 1310 zinc contract prices. #1 zinc prices were between RMB 14,710-14,730/mt. As SHFE zinc prices edged up in the morning, spot premiums expanded. Smelters were actively moving goods, but spot supply tightness allowed cargo holders to hold prices firm. Traders stood on the sidelines due to month-end factor, purchasing at lower prices, and downstream buyers purchased modestly ahead of the weekend. Transactions did not improve.

zinc prices

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