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SHFE Zinc Price Movement (2013-3-5)
Mar 5,2013 17:16CST
smm insight
Source:SMM
SHFE three-month zinc contract prices drifted higher after opening slightly lower on Tuesday.

SHANGHAI, Mar. 5 (SMM) – SHFE three-month zinc contract prices drifted higher after opening slightly lower on Tuesday. Mainstream traded prices for #0 zinc were RMB 15,080-15,110/mt, with discounts over SHFE 1305 zinc contract prices at RMB 230-250/mt. #1 zinc was traded at RMB 15,050-15,080/mt. Smelters continued to hold back goods, with most seldom moving goods except for long-term contracts. Most of the goods available on the markets were supplied by traders. Zinc prices stopped falling for the moment, slightly improving downstream buying interest. Most downstream producers were cautious, so overall trading was up only marginally.
 

current #0 zinc prices
latest #1 zinc prices

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