Home / Metal News / Copper / SMM Morning Review - 2011/2/12 Zinc Market
SMM Morning Review - 2011/2/12 Zinc Market
Feb 12,2011 09:52CST
smm insight

SHANGHAI, Feb. 12 (SMM)--Egyptian Vice President Omar Suleiman announced yesterday that Egyptian president Hosni Mubarak would step down on Friday, boosting the risk appetite of investors. In this context, the US dollar index overnight moved between 78.2 and 78.6. But concerns that China will take further tightening policies weighed on LME zinc prices. LME zinc prices overnight were up USD 4.5/mt, and finally closed at USD 2,435/mt. Trading volumes increased by 300 lots to 39,809 lots, and total positions increased by 100 lots to 238,644 lots.


Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn


LME market
SHFE market
zinc price
zinc Zn

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news