SHFE Zinc Prices Close with Gains (Dec. 18, 2015)

SHANGHAI, Dec. 18 (SMM) – SHFE 1602 zinc contract prices opened at RMB 12,480/mt Thursday evening, then plunged to RMB 12,440/mt and hovered around RMB 12,500/mt, closing the day at RMB 12,505/mt, down RMB 130/mt or 1.03%. Trading volumes on SHFE 1602 zinc contracts were 334,000 lots, and total positions soared 11,000 to 211,000.

SHFE 1602 zinc contract prices opened at RMB 12,505/mt on Friday, then edged up to RMB 12,660/mt, with the high-end of RMB 12,705/mt, and closing the day at RMB 12,645/mt, up RMB 10/mt. Trading volumes of SHFE 1602 zinc contracts decreased 118,000 to 656,000 lots, with total positions down 5,484 to 194,000.