Zinc premiums were largely stable on Tuesday April 10 with a downward adjustment in zinc premiums in Italy following arrivals from Namibia, while lead premiums were unchanged across several markets amid spot weak demand, in particular in India where stagnant industrial demand failed to boost battery consumption.
Zinc premiums largely unchanged, except a slight cut in Italian premiums LME zinc spreads return to contango from backwardation a week ago Lead premiums unchanged amid slow spot demand Zinc premiums largely stable, down in Italy Premiums for special high-grade zinc ingots for Italy on a duty-paid, fca basis slipped to $155-165 per tonne in Metal Bulletin's latest assessment on Tuesday, compared with $155-170 per tonne a week ago. A significant tonnage - said to be around 8,000-10,000 tonnes of duty-free Namibian ingots - recently arrived at the Genoa port, multiple sources told Metal Bulletin. Transactions were reported to be within Metal Bulletin's current assessment range, depending on the quantities of the purchase. In Rotterdam and Antwerp, both premiums were stable at $125 -$135 per tonne this week with limited spot buying interest despite a relaxation in London...