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Home / Metal News / Spot Zinc Price Movement (2013-10-11)

Spot Zinc Price Movement (2013-10-11)

Oct 11, 2013 18:06

Source:SMM

#0 zinc prices were between RMB 15,050-15,080/mt, with spot premiums of RMB 100-130/mt against SHFE 1401 zinc contract prices.

SHANGHAI, Oct. 11 (SMM) – #0 zinc prices were between RMB 15,050-15,080/mt, with spot premiums of RMB 100-130/mt against SHFE 1401 zinc contract prices. As SHFE inched down, #0 zinc prices fell to RMB 15,030-15,060/mt, with #1 zinc supply increasing, and prices between RMB 14,970-15,000/mt. Imported #0 zinc prices were between RMB 14,980-15,030/mt. SHFE zinc prices opened high and moved higher, and spot zinc prices rose by RMB 100/mt. Cargo holders moved goods at higher prices, while downstream buying interest was undermined, leaving transactions muted.

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