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SMM Brief on SHFE Zinc Futures (2014-3-28)

iconMar 28, 2014 16:46
SHFE 1406 zinc contract prices opened at RMB 14,825/mt on Thursday evening, and then moved between RMB 14,810-14,840/mt.

SHANGHAI, Mar. 28 (SMM) – SHFE 1406 zinc contract prices opened at RMB 14,825/mt on Thursday evening, and then moved between RMB 14,810-14,840/mt, and finally closing at RMB 14,820/mt, down RMB 5/mt or 0.03%.

SHFE 1406 zinc contract prices opened at RMB 14,820/mt on Friday, moving between RMB 14,820-14,840/mt in the morning session, and rising to RMB 14,885/mt with LME zinc prices, and closing the day at RMB 14,855/mt, up RMB 30/mt or 0.2%. Trading volumes decreased by 2,434 lots, to 19,510 lots, and total positions decreased by 2,956 lots, to 73,918 lots.
 

zinc prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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