SMM Brief on SHFE Zinc Futures (2014-4-22)

SHANGHAI, Apr. 22 (SMM) – SHFE 1407 zinc contract prices opened at RMB 15,075/mt on Monday evening, and then moved between RMB 15,050-15,065/mt, with the lack of directions from the LME market, and closing at RMB 15,065/mt, up RMB 5/mt or 0.03%. Trading volumes decreased by 218 lots to 1,384 lots, and total positions decreased by 200 lots to 64,282 lots.

SHFE 1407 zinc contract prices opened at RMB 15,055/mt on Tuesday, then dipped to RMB 15,040/mt, but rising in the afternoon to touch RMB 15,090/mt, and closing at RMB 15,070/mt, up RMB 10/mt or 0.07%. Trading volumes increased by 2,098 lots, to 12,682 lots, and total positions increased by 4,302 lots, to 68,784 lots.