Metals News
SMM Brief on SHFE Zinc Futures (2013-6-21)
price review forecast
05:58PM
Jun 21,2013
Source:SMM

SHANGHAI, Jun. 21 (SMM) – SHFE 1310 zinc contract prices opened lower at RMB 14,315/mt, dragged down by LME zinc prices overnight. Due to strong selling pressure, SHFE zinc prices dipped to RMB 14,255/mt. But as shorts left the market after profit-taking and since some bargain hunters entered the market and due to rebounding LME zinc prices, SHFE zinc prices soared and touched RMB 14,470/mt, finally closing at RMB 14,440/mt, up RMB 30/mt or 0.21%. Trading volumes increased by 19,490 lots, to 88,146 lots, and total positions increased by 14,446 lots to 139,202 lots.
 

SHFE 1310 zinc contract prices
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data