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#0 zinc prices were between RMB 13,790-14,000/mt, RMB 240-480/mt above SHFE 1511 zinc contract prices. #1 zinc traded at RMB 13,650-13,670/mt. Premiums of imported zinc were RMB 0-120/mt. Smelters were unwilling to sell at lows, with spot premiums stable. Premiums of SMC zinc remained at RMB 100/mt, with India zinc prices close to the average SMM #0 zinc price. Trading muted as investors turned cautious. Traded prices were between RMB 13,810-14,030/mt in the afternoon, with overall transactions sluggish.
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