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SMM Brief on SHFE Zinc Futures (2014-3-17)
Mar 17,2014 17:36CST
price review forecast
Source:SMM
SHFE 1405 zinc contract prices opened high at RMB 14,845/mt last Friday evening, then dropped to RMB 14,730-14,770/mt.

SHANGHAI, Mar. 17 (SMM) – SHFE 1405 zinc contract prices opened high at RMB 14,845/mt last Friday evening, then dropped to RMB 14,730-14,770/mt, and finally closing at RMB 14,770/mt, down RMB 15/mt or 0.1%. Trading volumes decreased by 2,162 lots to 11,714 lots, and total positions decreased by 1,360 lots to 82,078 lots.

SHFE 1405 zinc contract prices opened at RMB 14,770/mt on Monday, then inched down, dipping to a low of RMB 14,650/mt, and closing at RMB 14,655/mt, down RMB 130/mt or 0.88%. Trading volumes decreased by 36 lots, to 20,114 lots, and total positions decreased by 4,816 lots, to 78,622 lots.
 

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