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Spot Zinc Price Movement (2014-4-4)
Apr 4,2014 17:07CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 14,710-14,730/mt, with spot discounts between RMB 110-130/mt against SHFE 1406 zinc contract prices.

SHANGHAI, Apr. 4 (SMM) – #0 zinc prices were between RMB 14,710-14,730/mt, with spot discounts between RMB 110-130/mt against SHFE 1406 zinc contract prices. #1 zinc prices were between RMB 14,670-14,680/mt. SHFE 1406 zinc contract prices opened at RMB 14,830/mt on Friday, and then fluctuated narrowly. Traders lacked interest in transactions before the holiday, and smelters were still unwilling to move goods, with some brands still in short supply, and imported zinc tight. Downstream enterprises replenished goods modestly, causing transactions to improve. Shuangyan branded #0 zinc prices were between RMB 14,720-14,730/mt, with RMB 14,710-14,720/mt for Yuguang, Qinxin and Feilong branded #0 zinc. Imported Spanish #0 zinc prices were between RMB 14,700-14,710/mt.
 

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