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SMM Brief on SHFE Zinc Futures (2013-3-27)
Mar 27,2013 18:16CST
price review forecast
Source:SMM
SHFE 1306 zinc contract prices opened slightly lower at RMB 14,870/mt today and then fluctuated around that level.

SHANGHAI, Mar. 27 (SMM) – SHFE 1306 zinc contract prices opened slightly lower at RMB 14,870/mt today and then fluctuated around that level. As the Shanghai Composite weakened in the afternoon, and since LME zinc prices also plunged due to a strengthening US dollar index, SHFE 1306 zinc contract prices dropped to RMB 14,850/mt, and finally closed at RMB 14,835/mt, down RMB 135/mt or 0.9%. Trading volumes increased by 20,188 lots, to 54,426 lots, and total positions increased by 2,890 lots to 126,530 lots.
 

SHFE 1306 zinc contract prices

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