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Spot Zinc Price Movement (2013-11-29)

iconNov 29, 2013 17:44
Source:SMM
#0 zinc prices were between RMB 14,840-14,890/mt, with spot premiums between RMB 90-130/mt against SHFE 1402 zinc contract prices.

SHANGHAI, Nov. 29 (SMM) – #0 zinc prices were between RMB 14,840-14,890/mt, with spot premiums between RMB 90-130/mt against SHFE 1402 zinc contract prices. #1 zinc prices were between RMB 14,820-14,840/mt, with trades limited at the high-end of the price range. KZ branded #0 zinc prices were around RMB 14,840/mt, with Indian and Mexican #0 zinc prices lower at RMB 14,800/mt. SHFE 1402 zinc contract prices hovered below all moving averages, with trading muted. Most cargo holders were actively moving goods, with Feilong and Jiulong branded #0 zinc prices around RMB 14,850/mt, with RMB 14,880-14,890/mt for Shuangyan branded #0 zinc.
 

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