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Spot Zinc Price Movement (2013-2-27)
Feb 27,2013 18:35
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Source:SMM
SHFE zinc prices advanced Traded prices for #0 zinc in spot market were largely between RMB 15,330-15,340/mt, with spot discounts over the 1305 SHFE zinc contract expanding to RMB 310-320/mt.
SHANGHAI, Feb. 27 (SMM) -- On February 27, SHFE zinc prices advanced Traded prices for #0 zinc in spot market were largely between RMB 15,330-15,340/mt, with spot discounts over the 1305 SHFE zinc contract expanding to RMB 310-320/mt. Traded prices for #1 zinc were in the RMB 15,330-15,340/mt. Smelters were still reluctant to move goods, expanding discounts. Limited traders purchased hedged zinc, but downstream producers still adopted a wait-and-see attitude. Overall transactions reduced from a day earlier.
spot zinc price
Shanghai spot zinc price
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