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SHFE Zinc Price Movement (2013-1-29)

iconJan 29, 2013 16:28
Source:SMM
SHFE three-month zinc contract prices fell after rising initially today.

SHANGHAI, Jan. 29 (SMM) – SHFE three-month zinc contract prices fell after rising initially today. Discounts of #0 zinc against SHFE 1304 zinc contract prices remained were RMB 280-300/mt, with traded prices between RMB 15,280-15,300/mt. #1 zinc prices were RMB 15,240-15,250/mt. Traders were not hurried to move goods due to optimism, so goods supply was tight. Traders left the market, while downstream buyers remained cautious, keeping transactions muted.
 

SHFE three-month zinc contract prices

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