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 Zinc Price Movement (2013-1-29)
Key Words: SHFE three-month zinc contract prices
