SHANGHAI, Apr 4 (SMM) – Sellers in the zinc spot market in Shanghai held back as the SHFE 1805 contract rebounded after touching a low of 24,600 yuan/mt on the morning of Wednesday April 4, SMM learned. The 0# zinc traded at 24,650-24,760 yuan/mt.
The 0# common brand traded flat to a premium of 10 yuan/mt against the SHFE 1805 contract, compared with a discount of 10-0 yuan/mt the previous day. The 0# Shuangyan brand traded at a premium of 20-30 yuan/mt, and 1# zinc at 24,610-24,700 yuan/mt at noon.
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