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SHFE Zinc Price Movement (2013-2-6)
Feb 6,2013 13:38CST
smm insight
Source: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.

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.
 

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