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SMM Brief on SHFE Zinc Futures (2014-6-5)

iconJun 5, 2014 17:38
Source:SMM
SHFE 1408 zinc contract prices opened at RMB 15,150/mt, and closing at RMB 15,170/mt, down RMB 10/mt or 0.07%.

SHANGHAI, Jun. 5 (SMM) – SHFE 1408 zinc contract prices opened at RMB 15,150/mt, and closing at RMB 15,170/mt, down RMB 10/mt or 0.07%.

SHFE 1408 zinc contract prices opened at RMB 15,170/mt on Thursday, and were dragged down by LME zinc prices to RMB 15,160/mt. As LME zinc prices rebounded in the afternoon, SHFE 1408 zinc contract prices rose, and closing at RMB 15,195/mt, up RMB 15/mt or 0.1%. Trading volumes increased by 894 lots, to 12,248 lots, and total positions increased by 1,030 lots, to 73,798 lots.
 

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