Tag: zinc physical market India
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India: Zinc ingot prices rise w-o-w as premiums widen but trade sentiment remains cautious
Import tightness supports offers HZL price hike lifts sentiment India’s zinc ingot (99.995%) prices increased by INR 2,000/tonne (t) w-o-w to INR 320,000/t ex-Delhi on 21 January, as per BigMints assessment. The rise was driven by firmer offers in the physical market and higher import premiums, although overall trading activity remained moderate and largely need-based.…