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Home / Metal News / Spot Zinc Price Movement (2013-3-26)

Spot Zinc Price Movement (2013-3-26)

Mar 26, 2013 18:08

Source:SMM

Discounts of #0 zinc against SHFE 1306 zinc contract prices narrowed to RMB 170-190/mt, with traded prices around RMB 14,790-14,810/mt.

SHANGHAI, Mar. 26 (SMM) – SHFE 1306 zinc contract prices fell after opening lower on Tuesday. Discounts of #0 zinc against SHFE 1306 zinc contract prices narrowed to RMB 170-190/mt, with traded prices around RMB 14,790-14,810/mt. #1 zinc prices were RMB 14,760-14,790/mt. Smelters were still reluctant to move goods and traders also held prices firm. Downstream enterprises showed no intention to increase purchases, leaving trading muted.

spot zinc prices

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China’s trade data released last Friday were sluggish. US non-farm unemployment rate hit a 7-year low, boosting the US dollar index and weighing on base metals prices.

May 11, 2015 10:19

SMM Comments

SMM Zinc Weekly Price Review and Forecast (May. 4-8, 2015)

SHFE 1507 zinc contract followed LME zinc up to RMB 17,150/mt and then pulled back slightly. Buying activities increased marginally.

May 5, 2015 10:13

SMM Comments

SMM Zinc Market Daily Review (2015-4-30)

SHFE 1507 zinc contract opened at RMB 16,985/mt on Thursday and climbed to RMB 17,110/mt in the afternoon.

May 4, 2015 09:41

SMM Comments

SMM Zinc Market Daily Review (2015-4-28)

SHFE 1507 zinc contract opened at RMB 17,075/mt on Tuesday and slipped to RMB 16,900/mt at one point as longs booked profits.

Apr 29, 2015 10:26

SMM Comments

SMM Zinc Weekly Price Review and Forecast (Apr. 27-30, 2015)

Last week, the most active SHFE zinc contract shifted from the 1506 to the 1507, and the July delivery contract stalled at RMB 16,500-16,600/mt.

Apr 28, 2015 11:43

SMM Comments

SMM Zinc Market Daily Review (2015-4-22)

SHFE 1506 zinc contract prices opened at RMB 16,440/mt, then touched RMB 16,500/mt, and closed the day at RMB 16,525/mt, up RMB 100/mt or 0.61%.

Apr 23, 2015 09:45

SMM Comments

Spot Zinc Trading Slows in Shanghai (Feb. 27, 2015)

#0 zinc ingot traded at RMB 16,080-16,130/mt in Shanghai on Friday, a RMB 60-100/mt premium to the SHFE 1504 zinc contract.

Feb 27, 2015 14:06

SMM Comments

SMM Zinc Market Morning Review (2015-2-27)

On Friday, LME zinc is expected to move between USD 2,055-2,085/mt against a sharp rise in the US dollar index and continued slump in crude prices.

Feb 27, 2015 10:03

SMM Comments

SMM Zinc Market Daily Review (2015-2-25)

The most active SHFE 1505 zinc contract started sharply lower at RMB 16,055/mt and then fell further to RMB 15,980/mt on Wednesday.

Feb 26, 2015 08:53

SMM Comments

SMM Zinc Market Daily Review (2015-1-14)

SHFE 1503 zinc contract prices opened lower at RMB 16,080/mt Tuesday evening, then hovered around RMB 16,100/mt, and closing at RMB 16,105/mt, down RMB 220/mt or 1.35%.

Jan 15, 2015 09:15

SMM Comments

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