SMM Zinc Market Morning Review (2013-4-1)-Shanghai Metals Market

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SMM Zinc Market Morning Review (2013-4-1)

Price Review & Forecast 09:07:46AM Apr 01, 2013 Source:SMM

SHANGHAI, Apr. 1 (SMM) – The LME market is closed today. Negative macroeconomic news continued to weigh on SHFE zinc contract prices. China will release its March PMI today, which is expected to be positive and boost the market. SHFE 1306 zinc contract prices should move between RMB 14,650-14,800/mt, with spot discounts between RMB 80-120/mt.

 

Price

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#1 Tin Ingot
Oct.18
139500.0
500.0
(0.36%)
Solder Bar(63A)
Oct.17
100500.0
500.0
(0.50%)
Solder Bar(60A)
Oct.17
97000.0
500.0
(0.52%)
LF Solder
Oct.17
146500.0
1000.0
(0.69%)
Tin Powder
Oct.17
142.5
0.0
(0.00%)

SMM Zinc Market Morning Review (2013-4-1)

Price Review & Forecast 09:07:46AM Apr 01, 2013 Source:SMM

SHANGHAI, Apr. 1 (SMM) – The LME market is closed today. Negative macroeconomic news continued to weigh on SHFE zinc contract prices. China will release its March PMI today, which is expected to be positive and boost the market. SHFE 1306 zinc contract prices should move between RMB 14,650-14,800/mt, with spot discounts between RMB 80-120/mt.