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#0 zinc prices were between RMB 14,690-14,750/mt, RMB 270-330/mt above SHFE 1510 zinc contract prices. #1 zinc supply was tight, with prices of RMB 14,620-14,630/mt. Spot premiums of imported #0 zinc were RMB 0-120/mt against SHFE 1510 zinc contract prices. Spot premiums weakened on sufficient supply, with the price spread between domestic and imported zinc narrowing further. Trading was quiet in the morning, with traded prices between RMB 14,640-14,780/mt in the afternoon. Smelters and traders sold proactively, but purchases were limited.
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