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SMM Brief on SHFE Zinc Futures (2014-6-26)
Jun 26,2014 17:03CST
price review forecast
Source:SMM
SHFE 1409 zinc contract prices opened at RMB 15,660/mt on Wednesday evening, then rose to RMB 15,730/mt, and closing at RMB 15,735/mt, up RMB 70/mt or 0.45%.

SHANGHAI, Jun. 26 (SMM) – SHFE 1409 zinc contract prices opened at RMB 15,660/mt on Wednesday evening, then rose to RMB 15,730/mt, and closing at RMB 15,735/mt, up RMB 70/mt or 0.45%.

SHFE 1409 zinc contract prices opened at RMB 15,735/mt on Thursday, then fluctuated between RMB 15,705-15,745/mt in the morning. As a large number of longs entered the market, SHFE 1409 zinc contract prices surged to RMB 15,800/mt, up nearly 1%, and closing at RMB 15,795/mt, up RMB 130/mt or 0.83%. Trading volumes during day session increased by 9,780 lots, to 57,194 lots, and trading volumes for both day and night sessions increased by 36,944 lots to 103,444 lots, and total positions increased by 10,326 lots, to 153,606 lots. Total positions of SHFE zinc contracts were up 18,712 lots to 99,674 lots.
 

zinc prices

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