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Spot Zinc Price Movement (2013-4-11)
Apr 11,2013 19:40CST
price review forecast
Source:SMM
SHFE 1307 zinc contract prices opened low, but then rose slightly and then fluctuated.

SHANGHAI, Apr. 11 (SMM) – SHFE 1307 zinc contract prices opened low, but then rose slightly and then fluctuated. Discounts of #0 zinc against SHFE 1306 zinc contract prices were RMB 90-100/mt, with traded prices between RMB 14,710-14,730/mt. #1 zinc prices were between RMB 14,670-14,700/mt. Sluggish downstream market has dragged down zinc market. With pessimism prevailing in the market, downstream buyers mainly took a wait-and-see attitude, and traders also lacked interest to enter the market as SHFE zinc prices fluctuated, keeping overall transactions muted.
 

SHFE 1307 zinc contract prices

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