Home / Metal News / Lead / Spot Zinc Price Movement (2014-4-10)
Spot Zinc Price Movement (2014-4-10)
Apr 10,2014 17:39CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 14,810-14,840/mt, with spot discounts between RMB 90-120/mt against SHFE 1406 zinc contract prices.

SHANGHAI, Apr. 10 (SMM) – #0 zinc prices were between RMB 14,810-14,840/mt, with spot discounts between RMB 90-120/mt against SHFE 1406 zinc contract prices. #1 zinc prices were between RMB 14,780-14,790/mt. SHFE 1406 zinc contract prices opened at RMB 14,930/mt on Thursday, and then inched down due to the downbeat imports and exports data from China. Some smelters were holding back goods and conducted maintenance, causing supply tightness. Spot prices were firm, with spot discounts narrowing. Traders were still unwilling to move goods, while some downstream enterprises were actively purchasing due to the high-demand season for zinc, but transactions did not improve. Shuangyan branded #0 zinc prices were around RMB 14,830/mt, with RMB 14,820/mt for Jiulong and Feilong branded #0 zinc.
 

spot zinc prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news