SHANGHAI, Sept. 1 (SMM) – SHFE 1511 zinc contract prices opened at RMB 14,610/mt Monday evening, then dipped to RMB 14,565/mt, but raced up to RMB 14700/mt due to short covering and closed at RMB 14,690/mt, down RMB 40/mt or 0.27%.
SHFE 1511 zinc contract prices touched RMB 14,785/mt after opening, then fluctuated between RMB 14,700-14,750/mt, and inched lower in the afternoon, and closed at RMB 14,680/mt, down RMB 50/mt or 0.34%. Trading volumes decreased 14,502 to 64,450 lots, and total positions grew 516 to 119,416.