






SHANGHAI, Apr. 16 (CBI China) -- LME Market
|
Close (USD/mt) |
Premium/Discount |
Volume (lot) |
Position (lot) |
Inventory (mt) |
3-mth Contract |
Spot – 3 mth | ||||
Mar. Average |
1,251 |
-28 |
54,088 |
207,023 |
347,170 |
Apr. 15th |
1,515 |
-35 |
60,362 |
207,441 |
349,125 |
SHFE Market
|
Zinc – Spot Month (RMB/mt) |
RMB/USD | ||
SHFE Close |
Settlement |
Weighted Ave. | ||
Mar. 16th |
10,800 |
10,775 |
10,496 |
1:6.8349 |
Apr. 15th |
13,000 |
13,070 |
11,733 |
1:6.8293 |
|
Zinc – 3mth (RMB/mt) |
Shanghai Spot 0# Zinc Ingot | ||
SHFE Close |
Settlement |
Weighted Ave. | ||
Mar. 16th |
10,710 |
10,675 |
10,309 |
10,825 |
Apr. 15th |
13,085 |
13,070 |
11,358 |
13,250 |
Summary
Yesterday, Shanghai 0# zinc was traded at RMB 13,200-13,300/mt, 1# zinc was traded at RMB 13,150/mt, and the price of imported zinc was RMB 13,050-13,100/mt, the market sentiment was relatively active, and the inquiries increased. Guangdong 0# zinc was traded at RMB 13,100/mt, 1# zinc were traded at RMB 13,050/mt, while imported zinc were traded in the RMB 12,950-13,000/mt range. The spot transactions were slim, and the trading sentiment was slim at noon. As to futures market, LME zinc closed at rise the day before yesterday, SHFE zinc price fell after surged negatively affected by the approaching delivery date and is expected to test the pressure level of RMB 13,000/mt.
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