Spot Zinc Price Movement (2013-10-10)-Shanghai Metals Market

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Spot Zinc Price Movement (2013-10-10)

Price Review & Forecast 05:23:41PM Oct 10, 2013 Source:SMM

SHANGHAI, Oct. 10 (SMM) – #0 zinc prices were between RMB 14,930-14,960/mt, with spot premiums of RMB 150-170/mt against SHFE 1401 zinc contract prices. #1 zinc prices were between RMB 14,890-14,910/mt, with supply tight. Imported #0 zinc prices were between RMB 14,860-14,870/mt. SHFE zinc prices leveled out, and spot zinc transportation recovered as heavy rains in Jiangsu, Zhejiang and Shanghai ended, with some downstream buyers purchasing on an as-needed basis. Cargo holders moved goods reasonably, with transactions improving.
 

Key Words:  zinc prices 

Spot Zinc Price Movement (2013-10-10)

Price Review & Forecast 05:23:41PM Oct 10, 2013 Source:SMM

SHANGHAI, Oct. 10 (SMM) – #0 zinc prices were between RMB 14,930-14,960/mt, with spot premiums of RMB 150-170/mt against SHFE 1401 zinc contract prices. #1 zinc prices were between RMB 14,890-14,910/mt, with supply tight. Imported #0 zinc prices were between RMB 14,860-14,870/mt. SHFE zinc prices leveled out, and spot zinc transportation recovered as heavy rains in Jiangsu, Zhejiang and Shanghai ended, with some downstream buyers purchasing on an as-needed basis. Cargo holders moved goods reasonably, with transactions improving.
 

Key Words:  zinc prices