SHFE Zinc Price Movement (2013-2-6)-Shanghai Metals Market

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SHFE Zinc Price Movement (2013-2-6)

SMM Insight 01:38:05PM Feb 06, 2013 Source:SMM

SHANGHAI, Feb. 6 (SMM) – On January 6, #0 zinc prices were mainly between RMB 15,630-15,670/mt, with spot discounts over the 1305 SHFE zinc contract price at RMB 400-420/mt. #1 zinc prices were between RMB 15,590-15,610/mt. Smelters were not willing to move goods while selling interest at traders improved due to narrowed spot discounts. However, consumption was limited as downstream enterprises finished building stocks and closed for the Chinese New Year holiday, leaving trading muted.
 

Key Words:  zinc prices in China 

Price

more
1# Silver Ingots(99.99%)
Dec.11
4029.0
0.0
(0.00%)
2# Silver Ingots(99.95%)
Dec.11
4014.0
0.0
(0.00%)
3# Silver Ingots(99.90%)
Dec.11
3999.0
0.0
(0.00%)
Gold(99.99%)
Dec.10
331.8
0.1
(0.02%)
Gold(99.95%)
Dec.10
331.8
0.6
(0.17%)

SHFE Zinc Price Movement (2013-2-6)

SMM Insight 01:38:05PM Feb 06, 2013 Source:SMM

SHANGHAI, Feb. 6 (SMM) – On January 6, #0 zinc prices were mainly between RMB 15,630-15,670/mt, with spot discounts over the 1305 SHFE zinc contract price at RMB 400-420/mt. #1 zinc prices were between RMB 15,590-15,610/mt. Smelters were not willing to move goods while selling interest at traders improved due to narrowed spot discounts. However, consumption was limited as downstream enterprises finished building stocks and closed for the Chinese New Year holiday, leaving trading muted.
 

Key Words:  zinc prices in China