SHFE Zinc Price Movement (2013-1-28)-Shanghai Metals Market

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SHFE Zinc Price Movement (2013-1-28)

Price Review & Forecast 04:44:56PM Jan 28, 2013 Source:SMM

SHANGHAI, Jan. 28 (SMM) – SHFE three-month zinc contract prices fell after rising initially today. Discounts of #0 zinc against SHFE three-month zinc contract prices remained around RMB 300/mt, with traded prices between RMB 15,280-15,300/mt. #1 zinc prices were RMB 15,240-15,250/mt. Traders left the market as the Chinese New Year holiday neared, while downstream buyers only purchased on an as-needed basis, keeping transactions muted.
 

Price

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1# Zinc
Oct.18
18810.0
-10.0
(-0.05%)
0# Zinc
Oct.18
18880.0
-10.0
(-0.05%)
T/C for domestic zinc concentrate
Oct.01
6325.0
0.0
(0.00%)
T/C for imported zinc concentrate
Oct.01
280.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
Oct.18
19780.0
-10.0
(-0.05%)

SHFE Zinc Price Movement (2013-1-28)

Price Review & Forecast 04:44:56PM Jan 28, 2013 Source:SMM

SHANGHAI, Jan. 28 (SMM) – SHFE three-month zinc contract prices fell after rising initially today. Discounts of #0 zinc against SHFE three-month zinc contract prices remained around RMB 300/mt, with traded prices between RMB 15,280-15,300/mt. #1 zinc prices were RMB 15,240-15,250/mt. Traders left the market as the Chinese New Year holiday neared, while downstream buyers only purchased on an as-needed basis, keeping transactions muted.