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SHFE Zinc Price Movement (2013-3-15)
Mar 15, 2013 17:34Source:SMM
SHFE 1306 zinc contract prices opened slightly higher and fluctuated narrowly today.
SHANGHAI, Mar. 15 (SMM) – SHFE 1306 zinc contract prices opened slightly higher and fluctuated narrowly today. Discounts of #0 zinc against SHFE 1305 zinc contract prices were RMB 190/mt, with traded prices around RMB 15,000/mt. #1 zinc prices were RMB 14,950-14,960/mt. The market was cautious as the SRB would invite bid this afternoon, while traders also stood on the sidelines due to fluctuating SHFE zinc prices, keeping overall transactions quiet.
SHFE 1306 zinc contract prices
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