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Home / Metal News / SHFE Zinc Price Movement (2013-1-9)

SHFE Zinc Price Movement (2013-1-9)

Jan 9, 2013 17:04

Source:SMM

SHFE three-month zinc contract prices fluctuated today.

SHANGHAI, Jan. 9 (SMM) – SHFE three-month zinc contract prices fluctuated today. Discounts of #0 zinc against SHFE three-month zinc contract prices were RMB 300-320/mt, with traded prices between RMB 15,120-15,140/mt. #1 zinc prices were RMB 15,090-15,100/mt. Goods supply was tight. A few smelters still lacked interest to move goods, while arbitrage traders released goods due to narrowing spot discounts, leading to sufficient goods supply. Although the demand to replenish stocks leading up to Chinese New Year holiday, downstream buyers were still cautious due to unacceptable prices, keeping overall transactions muted.

SHFE zinc prices

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SHFE 1604 zinc contract prices opened at RMB 13,660/mt on Tuesday evening and closed at RMB 13,655/mt, down RMB 60/mt.

Feb 17, 2016 19:10

SMM Comments

Shanghai Zinc to Edge up (2016-2-2)

The market will lack solid macroeconomic news today.

Feb 2, 2016 10:13

SMM Comments

23% Chinese Investors Still Bullish toward Zinc, SMM Survey

SMM survey of over 30 industry insiders finds that 57% are neutral, expecting LME zinc to hover between USD 1,570-1,630/mt and SHFE 1604 zinc to fluctuate between RMB 12,900-13,300/mt.

Feb 2, 2016 09:27

SMM Comments

Shanghai Zinc to Remain Relatively Firm (2016-1-18)

There will not be any significant macroeconomic news today.

Jan 18, 2016 10:08

SMM Comments

SHFE Zinc to Edge up (2015-12-29)

The LME market reopened today, with LME zinc expected to move between USD 1,535-1,565/mt. SHFE 1603 zinc will rise to RMB 12,900-13,100/mt today.

Dec 29, 2015 09:47

SMM Comments

SHFE Zinc to Remain Bullish (2015-12-28)

The LME market remains closed today.

Dec 28, 2015 09:42

SMM Comments

SMM Zinc Market Daily Review (2015-10-26)

SHFE 1512 zinc contract prices opened at RMB 14,215/mt last Friday evening, then fell to RMB 14,020/mt and closed at RMB 14,020/mt, up RMB 20/mt.

Oct 27, 2015 10:07

SMM Comments

SHFE Zinc Prices Closed Up (Oct. 26, 2015)

SHFE 1512 zinc contract prices opened at RMB 14,215/mt last Friday evening, then fell to RMB 14,020/mt and closed at RMB 14,020/mt, up RMB 20/mt.

Oct 26, 2015 18:39

SMM Comments

SHFE Zinc Prices Closed Up (Oct. 21, 2015)

SHFE 1512 zinc contract prices opened at RMB 14,250/mt Tuesday evening, and touched RMB 14,370/mt but fell back and closed at RMB 14,295/mt, up RMB 85/mt.

Oct 21, 2015 18:08

SMM Comments

SHFE 1507 Zinc Inches up 0.27% (2015-4-30)

SHFE 1507 zinc contract opened at RMB 16,870/mt for Wednesday’s night session and met resistance at RMB 17,000/mt. That being said, buying activities grew with positions up 12,214.

Apr 30, 2015 17:50

SMM Comments

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