SHANGHAI, Jun. 9 (SMM) – SHFE 1508 zinc contract prices opened at RMB 16,285/mt Monday evening, then surged to RMB 16,375/mt, but fell back to RMB 16,300/mt later on and closed at RMB 16,305/mt, up RMB 30/mt or 0.18%.
SHFE 1508 zinc contract prices opened at RMB 16,320/mt, then rebounded with LME zinc prices, though increases were modest, and closed at RMB 16,330/mt, up RMB 55/mt or 0.34%. Trading volumes increased 3,352 to 84,136 lots, and total positions fell 1,096 to 127,460. Any downward room for SHFE 1508 zinc contract prices will lack ability to rise this evening.
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