Spot Zinc Price Movement (2013-4-26)-Shanghai Metals Market

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Spot Zinc Price Movement (2013-4-26)

Price Review & Forecast 06:02:26PM Apr 26, 2013 Source:SMM

SHANGHAI, Apr. 26 (SMM) – SHFE 1307 zinc contract prices opened high but fell later in the day. Spot discounts of #0 zinc against SHFE 1308 zinc contract prices were RMB 120-140/mt, with traded prices between RMB 14,670-14,710/mt. #1 zinc prices were between RMB 14,650-14,670/mt. Smelters continued to hold back goods in the last trading day before holiday, while traders were actively moving goods, but downstream buyers stood on the sidelines, keeping overall transactions muted.

 

Price

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1# Silver ingots(99.99%)
Oct.18
4259.0
25.0
(0.59%)
2# Silver ingots(99.95%)
Oct.18
4244.0
25.0
(0.59%)
3# Silver ingots(99.90%)
Oct.18
4229.0
25.0
(0.59%)
Gold(99.99%)
Oct.18
341.1
0.1
(0.02%)
Gold(99.95%)
Oct.18
340.6
-0.1
(-0.03%)

Spot Zinc Price Movement (2013-4-26)

Price Review & Forecast 06:02:26PM Apr 26, 2013 Source:SMM

SHANGHAI, Apr. 26 (SMM) – SHFE 1307 zinc contract prices opened high but fell later in the day. Spot discounts of #0 zinc against SHFE 1308 zinc contract prices were RMB 120-140/mt, with traded prices between RMB 14,670-14,710/mt. #1 zinc prices were between RMB 14,650-14,670/mt. Smelters continued to hold back goods in the last trading day before holiday, while traders were actively moving goods, but downstream buyers stood on the sidelines, keeping overall transactions muted.