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Spot Zinc Price Movement (2013-11-1)
Nov 1,2013 17:22CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 15,070-15,110/mt, with spot premiums between RMB 60-100/mt against SHFE 1401 zinc contract prices, up RMB 100/mt.

SHANGHAI, Nov. 1 (SMM) – #0 zinc prices were between RMB 15,070-15,110/mt, with spot premiums between RMB 60-100/mt against SHFE 1401 zinc contract prices, up RMB 100/mt. #1 zinc prices were between RMB 15,020-15,040/mt. SHFE 1401 zinc contract prices opened higher at RMB 14,970/mt, then edged up to RMB 15,000/mt as China’s official October PMI was 51.4, up from the 51.1 in September. Shuangyan branded #0 zinc prices between RMB 15,100-15,110/mt, and other brands #0 zinc prices were between RMB 15,070-15,090/mt. cargo holders were actively moving goods, but downstream buying interest was low, with trading quiet.
 

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