Spot Zinc Price Movement (2013-4-23)

Price Review & Forecast 05:22:42PM Apr 23, 2013 Source:SMM

SHANGHAI, Apr. 23 (SMM) – SHFE 1307 zinc contract prices soared briefly but then inched down. Spot discounts of #0 zinc against SHFE 1307 zinc contract prices narrowed from RMB 70-90/mt, to RMB 50-60/mt, with traded prices between RMB 14,460-14,490/mt. #1 zinc prices were between RMB 14,430-14,440/mt, with supply remaining tight. Smelters were still holding back goods, while downstream buyers began to replenish stocks modestly, with overall transactions muted.

Key Words: SHFE 1307 zinc contract prices

Relative News

Price

1# Silver ingots(99.99%)

Oct.14

4279.0

0.0

(0.00%)

2# Silver ingots(99.95%)

Oct.14

4264.0

0.0

(0.00%)

3# Silver ingots(99.90%)

Oct.14

4249.0

0.0

(0.00%)

Gold(99.99%)

Oct.14

339.0

-4.3

(-1.25%)

Gold(99.95%)

Oct.14

338.8

-4.3

(-1.27%)

Spot Zinc Price Movement (2013-4-23)

Price Review & Forecast 05:22:42PM Apr 23, 2013 Source:SMM

Key Words: SHFE 1307 zinc contract prices