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Home / Metal News / SMM Brief on SHFE Zinc Futures (2013-4-24)

SMM Brief on SHFE Zinc Futures (2013-4-24)

iconApr 24, 2013 17:00
SHFE 1307 zinc contracts prices opened at RMB 14,525/mt.

SHANGHAI, Apr. 24 (SMM) – SHFE 1307 zinc contracts prices opened at RMB 14,525/mt, dipping to RMB 14,440/mt in the morning trading, but then rallying to RMB 14,520/mt. In the afternoon, SHFE 1307 zinc contract prices soared along with the strengthening copper prices, breaking through the 10-day moving average, and touching a daily high of RMB 14,650/mt, but then inching down. Finally, SHFE 1307 zinc contract price closed at RMB 14,610/mt, up RMB 115/mt. Total positions decreased by 4,512 lots to 120,898 lots.
 

SHFE 1307 zinc contracts prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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