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Snapshot: Zinc spot market in Shanghai

iconMar 6, 2018 15:13
Source:SMM
The 0# common brand zinc traded at 25,300-25,420 yuan/mt at noon, at a smaller discount of 40-20 yuan/mt against the SHFE 1804 contract compared with the previous day. 

SHANGHAI, Mar 6 (SMM) – The 0# common brand zinc traded at 25,300-25,420 yuan/mt at noon, at a smaller discount of 40-20 yuan/mt against the SHFE 1804 contract compared with the previous day. The Shuangyan brand traded at a premium of 40-20 yuan/mt.

At noon, 1# zinc traded at 25,270-25,340 yuan/mt.

The market is likely to remain firm as sellers hold back after zinc prices fell overnight.

 


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