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SMM Brief on SHFE Zinc Futures (2014-3-27)
Mar 27,2014 16:26CST
price review forecast
Source:SMM
SHFE 1406 zinc contract prices opened at RMB 14,775/mt on Monday evening, and touched RMB 14,815/mt before falling to RMB 14,750-14,760/mt.

SHANGHAI, Mar. 27 (SMM) – SHFE 1406 zinc contract prices opened at RMB 14,775/mt on Monday evening, and touched RMB 14,815/mt before falling to RMB 14,750-14,760/mt, and finally closing at RMB 14,750/mt, down RMB 10/mt or 0.07%.

SHFE 1406 zinc contract prices opened at RMB 14,830/mt on Thursday, then moved between RMB 14,825-14,850/mt. As  LME zinc prices fell with LME copper prices, SHFE 1406 zinc contract prices dipped to RMB 14,790/mt, and closing the day at RMB 14,805/mt, down RMB 40/mt or 0.27%. Trading volumes decreased by 7,876 lots, to 17,076 lots, and total positions decreased by 190 lots, to 76,480 lots.
 

zinc prices

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