Tag: zinc spot market
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India: Zinc ingot prices jump INR 12,000/t despite HZL cut; festive demand muted
HZL cuts zinc ingot prices by INR 4,700/t LME 3-month futures remain rangebound India’s zinc ingot (99.995%) prices rose by INR 12,000/tonne (t) week-on-week (w-o-w) to INR 314,000/t ex-Delhi, as per BigMint’s assessment. The gain came despite Hindustan Zinc Limited (HZL) reducing its official prices, as supply tightness in key consumption hubs and elevated import…