SHANGHAI, Mar 28 (SMM) – Trading in the zinc spot market in Shanghai was flat on Wednesday March 28. Smelters were unwilling to release cargoes at lower prices while downstream buyers only purchased as needed, SMM learned.
The 0# zinc mostly traded at 24,880-24,960 yuan/mt. The 0# common brand traded at a discount of 20 yuan/mt to flat against the SHFE 1805 contract, and the 0# Shuangyan brand traded flat to a premium of 10 yuan/mt.
At noon, 1# zinc traded at 24,830-24,900 yuan/mt.
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