Metals News
Spot Zinc Price Movement (2013-4-12)
price review forecast
07:52PM
Apr 12,2013
Source:SMM

SHANGHAI, Apr. 12 (SMM) – SHFE 1307 zinc contract prices opened flat and then fluctuated. Discounts of #0 zinc against SHFE 1306 zinc contract prices were RMB 80-90/mt, with traded prices between RMB 14,680-14,710/mt. #1 zinc prices were between RMB 14,660-14,670/mt. Weak arbitrage opportunities and fluctuating SHFE zinc prices kept traders standing on the sidelines, while downstream buying interest was low despite the weekend neared, keeping overall transactions muted.
 

SHFE 1307 zinc contract prices
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