Spot Zinc Price Movement (2013-10-30)-Shanghai Metals Market

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Spot Zinc Price Movement (2013-10-30)

Price Review & Forecast 05:30:50PM Oct 30, 2013 Source:SMM

SHANGHAI, Oct. 30 (SMM) – #0 zinc prices were between RMB 15,120-15,200/mt, ranging from RMB 30/mt below to RMB 30/mt higher than SHFE 1401 zinc contract prices. #1 zinc prices were between RMB 15,060-15,080/mt. SHFE 1401 zinc contract prices opened higher at RMB 15,120/mt, soaring to RMB 15,200/mt, then hovering between RMB 15,150-15,180/mt. Spot prices rose in response, with Shuangyan branded #0 zinc prices between RMB 15,190-15,200/mt. Jiulong branded #0 zinc prices were between RMB 15,150-15,170/mt, and Baohui branded #0 zinc prices were between RMB 15,120-15,130/mt. Downstream buying interest was low, with trading quiet.
 

Key Words:  zinc prices  

Spot Zinc Price Movement (2013-10-30)

Price Review & Forecast 05:30:50PM Oct 30, 2013 Source:SMM

SHANGHAI, Oct. 30 (SMM) – #0 zinc prices were between RMB 15,120-15,200/mt, ranging from RMB 30/mt below to RMB 30/mt higher than SHFE 1401 zinc contract prices. #1 zinc prices were between RMB 15,060-15,080/mt. SHFE 1401 zinc contract prices opened higher at RMB 15,120/mt, soaring to RMB 15,200/mt, then hovering between RMB 15,150-15,180/mt. Spot prices rose in response, with Shuangyan branded #0 zinc prices between RMB 15,190-15,200/mt. Jiulong branded #0 zinc prices were between RMB 15,150-15,170/mt, and Baohui branded #0 zinc prices were between RMB 15,120-15,130/mt. Downstream buying interest was low, with trading quiet.
 

Key Words:  zinc prices