Spot Zinc Price Movement (2013-10-18)-Shanghai Metals Market

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Spot Zinc Price Movement (2013-10-18)

Price Review & Forecast 06:01:42PM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – #0 zinc prices were between RMB 15,050-15,110/mt, with spot premiums narrowing RMB 20/mt, to RMB 100-150/mt against SHFE 1401 zinc contract prices. #1 zinc prices were around RMB 15,000/mt. SHFE 1401 zinc contract prices moved between RMB 14,940-14,980/mt. A wait-and-see attitude increasing in the market, with spot prices lacking ability to rise, and spot premiums narrowing, and with trading muted. Shuangyan branded #0 zinc prices were RMB 15,100-15,110/mt, with Baohui brand traded at RMB 15,050/mt, and Qinxin and Qilin branded zinc ingot was traded between RMB 15,060-15,080/mt.

 

Key Words:  zinc prices  

Spot Zinc Price Movement (2013-10-18)

Price Review & Forecast 06:01:42PM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – #0 zinc prices were between RMB 15,050-15,110/mt, with spot premiums narrowing RMB 20/mt, to RMB 100-150/mt against SHFE 1401 zinc contract prices. #1 zinc prices were around RMB 15,000/mt. SHFE 1401 zinc contract prices moved between RMB 14,940-14,980/mt. A wait-and-see attitude increasing in the market, with spot prices lacking ability to rise, and spot premiums narrowing, and with trading muted. Shuangyan branded #0 zinc prices were RMB 15,100-15,110/mt, with Baohui brand traded at RMB 15,050/mt, and Qinxin and Qilin branded zinc ingot was traded between RMB 15,060-15,080/mt.

 

Key Words:  zinc prices