SMM Brief on SHFE Zinc Futures (2013-2-4)-Shanghai Metals Market

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SMM Brief on SHFE Zinc Futures (2013-2-4)

Price Review & Forecast 06:23:22PM Feb 04, 2013 Source:SMM

SHANGHAI, Feb. 4 (SMM) – SHFE 1305 zinc contract prices opened higher at RMB 16,160/mt. Both LME zinc prices and the Shanghai Composite fluctuated narrowly due to a lack of positive news, so SHFE  1305 zinc contract prices fluctuated between RMB 16,180-16,235/mt, and closed at RMB16,170/mt, up RMB 135/mt, or 0.84%. Trading volumes of SHFE 1305 zinc contract decreased by 16,330 lots, to 137,510 lots, and total position increased by 4,852 lots to 182,456 lots.
 

Price

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Aluminum Ingot
Dec.11
14130.0
20.0
(0.14%)
Aluminum Ingot - Fo Shan
Dec.11
14110.0
0.0
(0.00%)
Aluminum Ingot - Wu Xi
Dec.11
14130.0
30.0
(0.21%)
Aluminum Ingot - Hang Zhou
Dec.11
14140.0
30.0
(0.21%)
Aluminum Ingot - Chong Qing
Dec.11
14160.0
20.0
(0.14%)

SMM Brief on SHFE Zinc Futures (2013-2-4)

Price Review & Forecast 06:23:22PM Feb 04, 2013 Source:SMM

SHANGHAI, Feb. 4 (SMM) – SHFE 1305 zinc contract prices opened higher at RMB 16,160/mt. Both LME zinc prices and the Shanghai Composite fluctuated narrowly due to a lack of positive news, so SHFE  1305 zinc contract prices fluctuated between RMB 16,180-16,235/mt, and closed at RMB16,170/mt, up RMB 135/mt, or 0.84%. Trading volumes of SHFE 1305 zinc contract decreased by 16,330 lots, to 137,510 lots, and total position increased by 4,852 lots to 182,456 lots.