SHANGHAI, Apr. 3 (SMM) – SHFE 1307 zinc contract prices opened low and then fluctuated. Discounts of #0 zinc against SHFE 1306 zinc contract prices were RMB 60-80/mt, with traded prices between RMB 14,480-14,510/mt. #1 zinc prices were between RMB 14,460-14,470/mt. Smelters were mostly holding back due to unprofitable prices, and traders stood on the sidelines due to mixed factors. Downstream buyers purchased modestly given low orders, so overall transactions did not improve.
Spot Zinc Price Movement (2013-4-3)
Key Words: SHFE 1307 zinc contract prices
