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SHFE Zinc Price Movement (2013-2-1)

iconFeb 1, 2013 16:53
Source:SMM
SHFE three-month zinc contract prices inched down after opening flat today.

SHANGHAI, Feb. 1 (SMM) – SHFE three-month zinc contract prices inched down after opening flat today. Discounts of #0 zinc against SHFE 1305 zinc contract prices were between RMB 400-430/mt, with traded prices between RMB 15,580-15,610/mt. #1 zinc prices were RMB 15,530-15,550/mt. Smelters were not hurried to sell goods due to sufficient cash flows early in the month, while downstream buying interest was low, keeping transactions muted.
 

SHFE three-month zinc contract prices

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