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SMM Brief on SHFE Zinc Futures (2013-3-12)

iconMar 12, 2013 17:25
Source:SMM
SHFE 1306 zinc contract prices opened at RMB 15,250/mt, moving within RMB 15,245-15,255/mt in the morning session.

SHANGHAI, Mar. 12 (SMM) – SHFE 1306 zinc contract prices opened at RMB 15,250/mt, moving within RMB 15,245-15,255/mt in the morning session. In the afternoon, the Shanghai Composite Index closed 1.04% lower at 2,286.6 points, sending SHFE zinc for June delivery to a low of RMB 15,155/mt. Finally, SHFE three-month zinc contract prices ended the day down RMB 75/mt or 0.49% at RMB 15,160/mt. Trading volumes increased by 2,312 lots to 86,778 lots, while positions decreased by 888 lots to 126,004 lots.
 

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