Zinc Market Report April 2011

BEIJING (Asian Metal) 5 May 11 – Trading in zinc ingot market kept dull though the April is the traditional busy season of zinc consumption.Asian Metal Copyright By the end of April, most consumers slowed down the purchasing as they held sufficient inventory on hand.Asian Metal Copyright Zinc ingot price recovered early April, but participants worried that the zinc price may not last for a long time due to the large earthquake in Japan.Asian Metal Copyright But, traders were active in selling as the price gap between futures zinc and spot market decreased.Asian Metal Copyright The weak sentiment hurt trading interest.Asian Metal Copyright Trading became cool gradually.Asian Metal Copyright After the Tomb-sweeping Day holiday, zinc price increased slightly.Asian Metal CopyrightBEIJING Asian Metal 5 May 11 – Trading in zinc ingot market kept dull though the April is the traditional busy season of zinc consumption.Asian Metal Copyright However, the weak zinc market was not boosted.Asian Metal Copyright The sentiment was still dampened by the negative news like aftershock in Japan and the diffusion of nuclear radiation.Asian Metal Copyright The sentiment was still dampened by the negative news like aftershock in Japan and the diffusion of nuclear radiation.Asian Metal Copyright By the end of April, most consumers slowed down the purchasing as they held sufficient inventory on hand.Asian Metal Copyright When China deflation policy and US debt crisis dragged down the price to a relatively low level, buyers were active in purchasing at the quoted low price.Asian Metal Copyright But, traders were active in selling as the price gap between futures zinc and spot market decreased.Asian Metal Copyright Trading warmed up slightly.Asian Metal Copyright Trading warmed up slightly.Asian Metal Copyright Most suppliers would not like to sell.Asian Metal Copyright Most suppliers would not like to sell.Asian Metal Copyright But, traders were active in selling as the price gap between futures zinc and spot market decreased.Asian Metal Copyright But, traders were active in selling as the price gap between futures zinc and spot market decreased.Asian Metal Copyright By the end of April, most consumers slowed down the purchasing as they held sufficient inventory on hand.Asian Metal Copyright Most suppliers would not like to sell.Asian Metal Copyright Meanwhile, as the price keep the downwards movement, most participants just preferred to watch the market.Asian Metal Copyright The sentiment was still dampened by the negative news like aftershock in Japan and the diffusion of nuclear radiation.Asian Metal Copyright Trading became cool gradually.Asian Metal Copyright Trading became cool gradually.Asian Metal Copyright