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SMM Morning Review - 2011/2/15 Zinc Market
Feb 15,2011 09:02CST
smm insight
Source:SMM

SHANGHAI, Feb. 15 (SMM)--According to China import and export data for copper, Chinese economy was not affected by recent tightening policies. In this context, LME zinc prices rose tracking LME copper prices, and with prices finally closing at USD 2,505/mt, up USD 70/mt, and with gains over 2%. Transactions were brisk, with trading volumes increasing by nearly 30,000 lots to 68,952 lots, and total positions slightly increasing by over 400 lots to 239,040 lots. SMM will keep an eye on China’s CPI to be released today.

 

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