Domestic zinc prices in India rose marginally by 0.5% w-o-w due to HZL’s price revision. Re-melted lead ingot prices remained stable at INR 176,000/t, ex-Delhi. Notably, 3M lead futures fell by 1.7% w-o-w despite a 4.3% stock gain on the LME. Middle East zinc diecast increased by 1.3% to $1,955/t CFR Mundra. Recently, 15t of SHG zinc ingots were sold at INR 221,000/t ex-Delhi.
