SHFE Zinc Price Movement (2013-1-29)-Shanghai Metals Market

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SHFE Zinc Price Movement (2013-1-29)

Price Review & Forecast 04:28:04PM Jan 29, 2013 Source:SMM

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.
 

Price

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#1 Refined Cu
Oct.16
46915.0
-70.0
(-0.15%)
Standard-Grade Copper
Oct.16
46905.0
-75.0
(-0.16%)
High-Grade Copper
Oct.16
46925.0
-65.0
(-0.14%)
Guixi copper
Oct.16
46930.0
-65.0
(-0.14%)
Low-quality copper
Oct.16
46875.0
-60.0
(-0.13%)

SHFE Zinc Price Movement (2013-1-29)

Price Review & Forecast 04:28:04PM Jan 29, 2013 Source:SMM

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.