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SHFE Zinc Price Movement (2013-2-26)

iconFeb 26, 2013 18:19
Source:SMM
Traded prices for #0 zinc in spot market were largely between RMB 15,290-15,300/mt, with spot discounts over the 1305 SHFE zinc contract between RMB 280-300/mt.

SHANGHAI, Feb. 26 (SMM) – On February 26, SHFE zinc prices fluctuated higher after a flat opening. Traded prices for #0 zinc in spot market were largely between RMB 15,290-15,300/mt, with spot discounts over the 1305 SHFE zinc contract between RMB 280-300/mt. Traded prices for #1 zinc were around RMB 15,260/mt. Some smelters were reluctant to move goods at low prices, while downstream producers purchasing interest was low amid price decline, leaving trading sentiment quiet in the market. It was reported that transactions were largely attributed to traders.
 

spot zinc price
#0 zinc price

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