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Spot zinc price edges up

Date 12/6/2018 4:48:00 PM Source: SHMET

SHANGHAI, Dec 6 (SHMET) – Spot zinc price edged up on December 6. Market trades were moderate, with an active sentiment.

SHFE zinc fluctuated narrowly after a dive in the morning. Domestic ordinary zinc ingots were offered against 1901 contract. Import losses for zinc ingots remained heavy.

Spot zinc prices were offered at 21,670-21,770 yuan/mt, up 150 yuan/mt from the previous trading day, and at a premium of 430-530 yuan/mt compared with SHFE zinc 1901 contract. 1# zinc was offered at 21,610-21,710 yuan/mt, up 150 yuan/mt from a day earlier, and at a premium of 370-470 yuan/mt compared with SHFE zinc 1901 contract. Shuangyan brand zinc ingots were offered at a premium of 460-480 yuan/mt against 1812 contract. For imported brands, AZ brand zinc ingots were offered at a premium of 110 yuan/mt against 1812 contract. Belgian zinc ingots were offered at a premium of 10 -20 yuan/mt against 1812 contract.

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