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Spot Zinc Price Movement (2014-4-23)
Apr 23,2014 16:32CST
price review forecast
Source:SMM
#0 zinc prices were between RMB 15,150-15,180/mt, ranging from RMB 10/mt below to RMB 10/mt above SHFE 1407 zinc contract prices.

SHANGHAI, Apr. 23 (SMM) – #0 zinc prices were between RMB 15,150-15,180/mt, ranging from RMB 10/mt below to RMB 10/mt above SHFE 1407 zinc contract prices. #1 zinc prices were between RMB 15,130-15,150/mt. SHFE 1407 zinc contract prices hovered around RMB 15,160/mt on Wednesday, up RMB 100/mt from the previous day. Supply in Shanghai remained tight, with cargo holders holding back goods and smelters also unwilling to sell goods. Spot prices rose with SHFE zinc prices. Downstream buying interest was low, with transactions quiet. Shuangyan branded #0 zinc prices were between RMB 15,170-15,180/mt, with some transactions made at RMB 15,190/mt. Prices for Jiulong, Qinxin and Yuguang were around RMB 15,160/mt, with RMB 15,150/mt for Bailing and Yongchang branded #0 zinc.
 

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