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

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.