Metals News
SMM Brief on SHFE Zinc Futures (2013-6-26)
price review forecast
Jun 26,2013

SHANGHAI, Jun. 26 (SMM) – SHFE 1310 zinc contract prices opened RMB 100/mt higher at RMB 14,435/mt, as LME zinc prices overnight closed the day with gains. The Shanghai Composite Index stopped rebounding and closed with declines of 0.41%, and LME zinc prices also inched down, with a large number of longs leaving the market. SHFE zinc prices touched USD 14,500/mt before falling, dipping to RMB 14,305/mt and finally closing at RMB 14,315/mt, down RMB 20/mt or 0.14%. Trading volumes decreased by 2,914 lots, to 77,182 lots, and total positions increased by 10,506 lots to 158,128 lots.

SHFE zinc prices found strong support at RMB 14,300/mt, but will continue to fall as copper prices remain sluggish and since domestic cash flows did not improve.

SHFE 1310 zinc contract prices
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data