SMM Morning Review - 2012/5/28 Zinc Market
SHANGHAI, May 28 (SMM) – LME zinc prices last Friday opened at USD 1,880.3/mt during Asian trading hours and hovered between USD 1,875-1,888/mt later in the day. As the US dollar index weakened, LME zinc prices rose to USD 1,900/mt. It is reported France's banking sector is making plans if there is any country exiting the euro zone, and consumer confidence index in the US and Europe rose, so LME zinc prices closed at USD 1,900.5/mt. Trading volumes decreased by 464 lots to 5,624 lots, and total position increased by 2,160 lots to 275,916 lots.
SHFE three-month zinc contract prices should move between RMB 14,850-15,050/mt today, with spot discounts between RMB 50-100/mt.
LME zinc prices
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
For more information on how to access our research reports, please email service.en@smm.cn
Related Price
No Data
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.
In common with most websites, we use cookies to carry out various tasks including improving our user's experience. Read more about how we use cookies here.