Metals News
SHFE Zinc Price Movement (2013-1-18)
price review forecast
07:16PM
Jan 18,2013
Source:SMM

SHANGHAI, Jan. 18 (SMM) – SHFE three-month zinc contract prices fluctuated narrowly after opening higher. Discounts of #0 zinc against SHFE three-month zinc contract prices expanded to RMB 250-270/mt, with traded prices RMB 15,110-15,130/mt. #1 zinc prices were around RMB 15,080/mt. Good supply increased slightly, but a few smelters continued to hold goods. Traders sold goods actively, but arbitrage traders lacked opportunities due to narrow spot discounts. As downstream buyers remained cautious, transactions were quiet.
 

SHFE three-month zinc contract prices
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