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SMM Brief on SHFE Zinc Futures (2013-3-8)
Mar 8,2013 17:03CST
price review forecast
Source:SMM
SHFE 1306 zinc contract prices opened slightly higher at RMB 15,330/mt.

SHANGHAI, Mar. 8 (SMM) – SHFE 1306 zinc contract prices opened slightly higher at RMB 15,330/mt, and then touched RMB 15,370/mt, meeting resistance at the 5-day moving average. SHFE three-month zinc contract prices generally moved between RMB 15,320-15,340/mt during the day, and finally closed at RMB 15,325/mt, up RMB 85/mt, or 0.56%. Trading volumes decreased by 66,716 lots, to 67,468 lots, and total position increased by 368 lots to 116,180 lots.

 

SHFE 1306 zinc contract prices

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