Metalnewsnet 22 Apr ：

spurred by the strong stock trend and the declined mind of risk from the accused issue of Goldman Sachs, the London Metal Exchange (LME) showed that zinc futures ended up, on 20th, and finally closed at 2,436 points, up by 29 points, or 1.22%. LME zinc stockpiles, on Tuesday, drop 975 tons, totally to 546,025 tons.

Shanghai zinc rebounded after high up today. Contract 1006 closed at 18,800 points, up by 115 points, or 0.62%, trading at 18,645 to 18,840, positions reduced more than 812 hands, and the turnover declined slightly.

On the spot market, the Yangtze River 1 # zinc 18,150-18,200 RMB/T, up by 50 RMB/T; Shanghai 1 # zinc 18,100-18,200 RMB/T, unchanged from yesterday; Guangdong NanChu 1 # zinc 17,750-18,050 RMB/T, unchanged from the previous day.

Today, the domestic market of zinc remained stable, compared to the previous trading day, the atmosphere was significantly weaker. The market was full of strong watching attitudes. The overall shipment was good. the high cost of zinc futures made little room for the negotiated price. Latest Market Price: shred zinc (84-86%) 14,500-14,700 RMB/T, unchanged from yesterday.

(1RMB=0.1465USD)

（From WorldScrap- ）