BASE METAL NEWS UPDATED BY ROYAL TRADERS

Live News Update

SHFE base metals prices broadly weak; zinc down 0.9%

Zinc was the worst performer of the base metals traded on the Shanghai Futures Exchange during morning trading on Wednesday April 3, with the metal’s prices coming under pressure from macroeconomic headwinds and concerns over a softening concentrate market.

The most-traded May zinc contract on the SHFE stood at 22,610 yuan ($3,363) per tonne as at 10.18am Shanghai time, down by 0.9% or 205 yuan per tonne compared with Tuesday’s close of 22,915 yuan per tonne.

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