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SMM Brief on SHFE Zinc Futures (2014-6-10)
Jun 10,2014 17:30CST
price review forecast
Source:SMM
SHFE 1408 zinc contract prices opened higher at RMB 15,360/mt on Monday evening, then touched RMB 15,410/mt, a record high since February, and closing at RMB 15,375/mt.

SHANGHAI, Jun. 10 (SMM) – SHFE 1408 zinc contract prices opened higher at RMB 15,360/mt on Monday evening, then touched RMB 15,410/mt, a record high since February, and closing at RMB 15,375/mt.

SHFE 1408 zinc contract prices opened at RMB 15,370/mt, then fluctuated between RMB 15,315-15,375/mt. In the afternoon, SHFE 1408 zinc contract prices rose to touch RMB 15,415/mt, and closing at RMB 15,395/mt, up RMB 135/mt or 0.88%. Trading volumes decreased by 4,090 lots, to 33,952 lots, and total positions increased by over 2,774 lots, to 90,938 lots.
 

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