Latest Zinc Prices



Date: August 16, 2022, Tue


ZINC GRADE NEW (PMT) OLD (PMT)
SHG (99.995%)- UDAIPUR 344100 333600
HG(99.95%)-UDAIPUR 343600 333100
SHG-CGG 345900 335400
PW(99 - UDAIPUR) 342100 331600
AHMEDABAD(SHG) 344100 334100
LEAD 206500 205400

UDAIPUR- SHG (99.995%): 10500 down-image LEAD: 1100 down-image



Current Updates


Zinc Price Increase By Rs 10500 & Lead Price Increase By Rs 1100

Zinc LME zinc closed at $3,597/mt on Monday, down $12.5/mt or 0.35%. The open interest fell 2,922 lots to 201,000 lots. Overnight LME inventory fell 300 mt to 74,200 mt. Currently, LME zinc was still strong with active participation of longs with intensifying energy shortage. The most traded SHFE 2209 zinc contract closed at 24,740 yuan/mt overnight, up 25 yuan/mt or 0.1%. The open interest added 411 lots to 124,000 lots. On the supply side, smelters in Sichuan province were forced to reduce the production amid power shortage, and the August refined zinc output guidance was lowered again. On the consumption side, the downstream sectors were sluggish, and the operating rates of galvanising producers dropped again following a brief growth. In the spot market, market transactions were still muted as zinc prices were still not yet the best offer for downstream buyers despite recent falls. SMM zinc ingot social inventory fell 6,900 mt from last Friday to 132,300 mt as of Monday August 16. Zinc prices are unlikely to experience steep rises or falls in the near term. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell 6 points to 49 in August, the eighth consecutive monthly decline and the lowest level since 2014 (excluding the pandemic period). A survey by the New York Fed showed that the New York State Manufacturing Index plunged 42.4 points in August to -31.3. A reading below zero indicates a contraction in New York State manufacturing. These figures further reflect the slowdown in the economy at a time when the Federal Reserve is raising interest rates. China reduced its holdings of US debt for the seventh consecutive month, with its open interest hitting another 12-year low.




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At our warehouses we have enough space to store & maintain stock metals at all time. We invest on logistics support and ensure that best practices are maintained so that there are no damages.

We Deliver

We have efficient staff and safe logistic transport service (KumbhatLogistic) with high quality standards. Timely delivery of goods as per customer requirement.

WHY SHOULD YOU CHOOSE US

Impeccable Quality Guarantee of Zinc and lead Ingots and non ferrous metals supplier and consistent reliable Service.
A Highly Professional team delivering Customized Solutions as per their individual requirements and need. We are top most zinc supplier in India.
A Team of top zinc traders in India in-house Transportation and logistics services to ensure timely safe delivery at reasonable cost.
Price discount, lifting and payment flexibility, L/C facilities available at reasonable cost with top zinc exporter and importer in India
LME Booking on cash settlement on any day in a month in multiples of 25 m.t. for zinc and Quantity discount on Lead ingots.
Test certificate, packing number available with each consignment.
MCX/NCDX facilities available.

95%

GOOD QUALITY

99%

LESS PRICE

88%

LATEST PRODUCTS

98%

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Sent P.O with payment confirmation to place order
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What others say about us

  • Nitin J

    Timely deliver of goods.

  • Sanjay A

    Well cordial staff with proper follow up.

  • Jitendra S

    Good transparency with constant support on financial matters

  • Hitesh S

    Thanks for guidance on pricing, lifting and supply chain. Good Luck.

  • Manoj P

    Attractive website, current updates are the best feature which help us in understanding the market sentiments.

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    2nd floor, 6A/1, Ambamata Scheme,
    Udaipur 313001, Rajasthan, India
    Branches:- Jaipur, Ahmedabad, Mumbai, Chanderia