SHFE Zinc Price Movement (2013-1-25)-Shanghai Metals Market

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SHFE Zinc Price Movement (2013-1-25)

Price Review & Forecast 05:23:37PM Jan 25, 2013 Source:SMM

SHANGHAI, Jan. 25 (SMM) – SHFE three-month zinc contract prices fluctuated after opening. Discounts of #0 zinc against SHFE three-month zinc contract prices expanded to RMB 300-320/mt, with traded prices between RMB 15,260-15,280/mt. #1 zinc prices were RMB 15,210-15,220/mt. Traders buying interest improved in response to expanding spot discounts, while downstream demand continued to shrink. Transactions improved from yesterday.
 

Price

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Aluminum Ingot
Oct.16
13880.0
110.0
(0.80%)
Aluminum Ingot - Fo Shan
Oct.16
13840.0
60.0
(0.44%)
Aluminum Ingot - Wu Xi
Oct.16
13890.0
100.0
(0.73%)
Aluminum Ingot - Hang Zhou
Oct.16
13905.0
95.0
(0.69%)
Aluminum Ingot - Chong Qing
Oct.16
13840.0
85.0
(0.62%)

SHFE Zinc Price Movement (2013-1-25)

Price Review & Forecast 05:23:37PM Jan 25, 2013 Source:SMM

SHANGHAI, Jan. 25 (SMM) – SHFE three-month zinc contract prices fluctuated after opening. Discounts of #0 zinc against SHFE three-month zinc contract prices expanded to RMB 300-320/mt, with traded prices between RMB 15,260-15,280/mt. #1 zinc prices were RMB 15,210-15,220/mt. Traders buying interest improved in response to expanding spot discounts, while downstream demand continued to shrink. Transactions improved from yesterday.