India's zinc and lead prices gain w-o-w driven by major player's price hike
India's zinc and lead prices surged by 3.5% w-o-w, driven by HZL's price adjustments. HZL raised zinc prices to INR 250,500/t (+5.1%) and lead ingot to INR 199,100/t (+0.8%) ex-Rajasthan. Domestic zinc prices climbed by 3.5% to INR 233,000/t, while remelted lead ingot saw a 0.3% increase to INR 179,000/t, both ex-Delhi. Imported zinc diecast (5%) from the Middle East rose by 2.5% to $1,960/t, CIF Mundra, aligning with a 6% rise in LME futures w-o-w.