Download our mobile app to 
your devices
Android devicesiOS devices
FREE TRIALCompliance CentreAbout UsContact Us
English
English中文
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsConsulting
Home / Metal News / SMM Zinc Market Daily Review (2013-7-5)

SMM Zinc Market Daily Review (2013-7-5)

iconJul 8, 2013 09:52
Source:SMM
SHFE 1310 zinc prices, the most actively traded contract, opened slightly lower at RMB 14,520/mt on July 5th.

SHANGHAI, Jul. 8 (SMM) - SHFE 1310 zinc prices, the most actively traded contract, opened slightly lower at RMB 14,520/mt on July 5th. The contract fell below RMB 14,500/mt during the trading as LME zinc moved lower and investors sold off before the release of US non-farm payrolls. The contract generally fluctuated in the RMB 14,485-14,500/mt range before finally closing at RMB 14,470/mt, down RMB 70/mt or 0.48%. Transactions were up 748 lots to 46,480 lots, and positions were up 1,948 lots to 156,588 lots. Sell orders were 27,900 lots, accounting for 60%. 

 
In the spot market, #0 zinc traded at RMB 14,570-14,600/mt, with premiums over SHFE three-month zinc contract between RMB 80-110/mt. Traded prices for #1 were around RMB 14,540/mt. SHFE zinc market drifted lower after a low opening last Friday, with SHFE 1310 zinc prices struggling at RMB 14,500/mt. Falling prices reduced smelters’ enthusiasm in sales, and downstream buying interest improved slightly in late week. However, the increment was limited. Narrow price fluctuations restricted room for trading among traders. As a result, overall trading was thin.  In the afternoon business, #0 traded between RMB 14,570-14,590/mt, with premiums over SHFE three-month zinc prices between RMB 90-110/mt. Trading saw no improvement. 
 
SHFE 1310 zinc prices
SHFE zinc market
SMM Zinc Market Daily Review

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemap
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.