SMM Morning Review - 2012/2/27 Zinc Market-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Futures movement
  • Aluminium
  • Inventory data
  • Copper
  • Lead
  • Macroeconomics
  • Evening comments
  • Li-Ion Battery Cathode Material
  • MMi Iron Ore Port Index
  • Morning comments
  • Customs data
  • Silicon
  • scrap copper

SMM Morning Review - 2012/2/27 Zinc Market

SMM Insight 10:20:51AM Feb 27, 2012 Source:SMM

SHANGHAI, Feb. 27 (SMM) – Greece started a write down plan of EUR 100 billion (USD 134.7 billion) last Friday, boosting market optimism. LME zinc prices surged to USD 2,086.5/mt and finally close at USD 2,077.5/mt, up USD 22.8/mt. SHFE 1205 zinc contract prices should rise to move between RMB 15,850-16,050/mt today, with spot discounts between RMB 350-450/mt.
 

Key Words:  LME zinc prices 

Price

more
Gold(99.99%)
Apr.22
280.3
0.8
(0.30%)
Gold(99.95%)
Apr.22
280.1
0.7
(0.23%)
#1 Silver(99.99%)
Apr.22
3514.0
3.0
(0.09%)
Silver(99.95%)
Apr.22
3499.0
3.0
(0.09%)
Silver(99.90%)
Apr.22
3484.0
3.0
(0.09%)

SMM Morning Review - 2012/2/27 Zinc Market

SMM Insight 10:20:51AM Feb 27, 2012 Source:SMM

SHANGHAI, Feb. 27 (SMM) – Greece started a write down plan of EUR 100 billion (USD 134.7 billion) last Friday, boosting market optimism. LME zinc prices surged to USD 2,086.5/mt and finally close at USD 2,077.5/mt, up USD 22.8/mt. SHFE 1205 zinc contract prices should rise to move between RMB 15,850-16,050/mt today, with spot discounts between RMB 350-450/mt.
 

Key Words:  LME zinc prices