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SMM Brief on SHFE Zinc Futures (2013-3-14)
Mar 14,2013 17:10
CSTprice review forecast
Source:SMM
SHFE 1306 zinc contract prices opened at RMB 15,260/mt, and dropped to RMB 15,215/mt after opening as large numbers of shorts entered the market.
SHANGHAI, Mar. 14 (SMM) – SHFE 1306 zinc contract prices opened at RMB 15,260/mt, and dropped to RMB 15,215/mt after opening as large numbers of shorts entered the market. Due to rising LME zinc prices, SHFE zinc prices rallied to RMB 15,295/mt near the end of the trading, and finally closed at RMB 15,280/mt, down RMB 5/mt, or 0.03%. Trading volumes decreased by 3,284 lots, to 72,178 lots. Total position increased by 4,902 lots to 127,768 lots.
SHFE 1306 zinc contract prices
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