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Spot Zinc Price Movement (2014-3-24)
Mar 24,2014 17:02CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 14,610-14,640/mt, with spot discounts between RMB 120-150/mt against SHFE 1406 zinc contract prices.

SHANGHAI, Mar. 24 (SMM) – #0 zinc prices were between RMB 14,610-14,640/mt, with spot discounts between RMB 120-150/mt against SHFE 1406 zinc contract prices. #1 zinc prices were around RMB 14,610/mt, with supply tight. SHFE 1406 zinc contract prices opened at RMB 14,765/mt on Monday, and leveled out. Traders lacked interest in operation as zinc prices fluctuated in a narrow band, and smelters moved goods modestly. Downstream enterprises purchased goods cautiously, leaving trade muted. Shuangyan branded #0 zinc prices were around RMB 14,640/mt, with RMB 14,620/mt for Qinxin, Jiulong and Feilong branded #0 zinc.
 

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