Latest Zinc Prices

Date: May 16, 2022, Mon

SHG (99.995%)- UDAIPUR 317700 328000
HG(99.95%)-UDAIPUR 317200 327500
SHG-CGG 319500 329800
PW(99 - UDAIPUR) 315700 326000
AHMEDABAD(SHG) 318200 328500
LEAD 192200 196000

UDAIPUR- SHG (99.995%): 10300 down-image LEAD: 3800 down-image

Current Updates

Zinc Price Decrease By Rs 10300 & Lead Price Decrease By Rs 3800

WEEKLY:O/H/L/C: C9351/9408.5/8938/9159 A2850/2859/2697.5/2788 N30110/30190/27080/27262 L2242.5/2246.5/2056/2059 Z3788/3801/3451/3489.5 T39440/39440/32100/33370

London copper stares at sixth weekly fall on slowdown worries* London copper prices are trading near a more than seven-month low on Friday, as fears over a global economic slowdown cast a shadow on the demand outlook, keeping the metal on track for its sixth consecutive weekly decline. Benchmark three-month copper on the London Metal Exchange (LME) was down 0.4 percent at $9,051 a tonne, after falling on Thursday to its lowest since early October at $8,938. The most-active June copper contract on the Shanghai Futures Exchange was down 1 percent at 70,690 yuan ($10,386.12). Major central banks, including the U.S. Federal Reserve, have been raising interest rates to tackle soaring inflation, stoking economic slowdown concerns. Data showing a higher-than-expected rise in U.S. consumer prices in April has fanned fears of aggressive policy tightening by the Fed. Further, the prolonged COVID-19 lockdowns in top metals consumer China have also dented market sentiment. Beijing denied it was heading for lockdown as panic buying gripped the capital on Thursday, while Shanghai combed the city for lingering COVID-19 cases in the hope of clearing the way to escape from weeks of painful restrictions. The U.S. dollar steadied near a fresh 20-year high scaled on Thursday as investors flocked to the safety of the U.S. unit, making greenback-denominated metals more expensive for buyers using other currencies. Calling stable prices the "bedrock" of the economy, Fed Chair Jerome Powell said the U.S. central bank's battle to control inflation would "include some pain" as the impact of higher interest rates is felt, but that the worse outcome would be for prices to continue speeding ahead. Nornickel, the world's largest producer of palladium and refined nickel, has become the first Russian company to be granted permission by a government commission to keep its listing abroad, for one year for now.

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Price discount, lifting and payment flexibility, L/C facilities available at reasonable cost with top zinc exporter and importer in India
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What others say about us

  • Nitin J

    Timely deliver of goods.

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    Well cordial staff with proper follow up.

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

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

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