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Spot Zinc Price Movement (2014-3-14)
Mar 14,2014 16:56CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 14,670-14,720/mt, with spot discounts between RMB 80-110/mt against SHFE 1405 zinc contract prices.

SHANGHAI, Mar. 14 (SMM) – #0 zinc prices were between RMB 14,670-14,720/mt, with spot discounts between RMB 80-110/mt against SHFE 1405 zinc contract prices. #1 zinc prices were between RMB 14,660-14,670/mt. SHFE 1405 zinc contract prices opened at RMB 14,790/mt on Friday, then inched down, pushing down spot prices, with spot discounts narrowing further. Traders were moving goods actively, while smelters reduced goods supply, with downstream buyers remaining cautious. Shuangyan branded #0 zinc prices were between RMB 14,700-14,720/mt, with RMB 14,670-14,690/mt for Qinxin, Yuguang and Baohui branded #0 zinc.
 

SHFE zinc prices
zinc prices

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