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Spot Zinc Price Movement (2013-11-18)
Nov 18,2013 16:11CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 14,930-14,960/mt, with spot premiums between RMB 80-110/mt against SHFE 1402 zinc contract prices.

SHANGHAI, Nov. 18 (SMM) – #0 zinc prices were between RMB 14,930-14,960/mt, with spot premiums between RMB 80-110/mt against SHFE 1402 zinc contract prices. Lida branded #1 zinc prices were around RMB 14,880/mt, and Kazakhstan #1 zinc prices were around RMB 14,840/mt, with KZ and SMC #0 zinc prices between RMB 14,920-14,930/mt. SHFE zinc prices opened high then moved between RMB 14,830-14,860/mt, but lacking ability to rise further. Cargo holders were moving goods normally, and downstream buyers mostly purchased goods on an as-needed basis, with transactions muted.

 

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