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SMM Brief on SHFE Zinc Futures (2014-6-3)
Jun 3,2014 17:45
CSTprice review forecast
Source:SMM
The SHFE market remained closed on Monday evening due to the Chinese Dragon Boat Festival.
SHANGHAI, Jun. 3 (SMM) – The SHFE market remained closed on Monday evening due to the Chinese Dragon Boat Festival.
SHFE 1408 zinc contract prices opened at RMB 15,200/mt on Tuesday, then fell to RMB 15,190/mt. in the afternoon, LME zinc prices edged up, but SHFE 1408 zinc contract prices lacked impetus to rise, and closing at RMB 15,185/mt, up RMB 50/mt or 0.33%. Trading volumes decreased by 496 lots, to 12,184 lots, and total positions increased by 2,498 lots, to 71,208 lots.
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