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EventsConsultingSMM Brief on SHFE Zinc Futures (2014-6-17)
Jun 17,2014 17:44
CSTprice review forecast
Source:SMM
SHFE 1408 zinc contract prices opened at RMB 15,375/mt on Monday evening, then touched RMB 15,435/mt, and closing at RMB 15,430/mt, up RMB 55/mt or 0.36%.
SHANGHAI, Jun. 17 (SMM) – SHFE 1408 zinc contract prices opened at RMB 15,375/mt on Monday evening, then touched RMB 15,435/mt, and closing at RMB 15,430/mt, up RMB 55/mt or 0.36%.
SHFE 1408 zinc contract prices opened at RMB 15,430/mt, and touched RMB 15,475/mt before plummeting to RMB 15,375/mt. But with support from LME zinc prices, SHFE 1408 zinc contract prices inched up, and closing at RMB 15,450/mt, up RMB 75/mt or 0.49%. Trading volumes increased by 2,718 lots, to 35,206 lots, and total positions decreased by 6,766 lots, to 100,666 lots.
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