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SHFE Zinc Price Movement (2013-2-20)
Feb 20,2013 17:03
CSTprice review forecast
Source:SMM
Traded prices for #0 zinc in spot market were largely between RMB 15,300-15,550/mt, with spot discounts over the 1305 SHFE zinc contract expanding to RMB 310-340/mt.
SHANGHAI, Feb. 20 (SMM) – On February 20, SHFE zinc prices fluctuated higher . Traded prices for #0 zinc in spot market were largely between RMB 15,300-15,550/mt, with spot discounts over the 1305 SHFE zinc contract expanding to RMB 310-340/mt. Traded prices for #1 zinc were around RMB 15,500/mt. But spot zinc market activity remained quiet since market participants expressed low trading interest. Most downstream producers have yet to resume production, so purchases were still limited, depressing overall trading sentiment.
spot zinc price
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