Home / Metal News / SMM Brief on SHFE Zinc Futures (2013-11-26)

SMM Brief on SHFE Zinc Futures (2013-11-26)

iconNov 26, 2013 16:32
Source:SMM
SHFE 1402 zinc contract prices opened lower at RMB 14,860/mt, dragged down by LME zinc prices overnight, then leveling out between RMB 14,830-14,855/mt.

SHANGHAI, Nov. 26 (SMM) – SHFE 1402 zinc contract prices opened lower at RMB 14,860/mt, dragged down by LME zinc prices overnight, then leveling out between RMB 14,830-14,855/mt, with strong support from the 10-day moving average. Finally, SHFE zinc prices closed the day at RMB 14,845/mt, up RMB 15/mt. Trading volumes decreased by 916 lots, to 18,816 lots, and total positions decreased by 1,260 lots, to 114,000 lots.
 

zinc prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All