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SHFE Zinc Prices Finish with Declines (Oct. 13, 2014)
Oct 13,2014 16:37CST
price review forecast
Source:SMM
SHFE 1412 zinc contract prices opened at RMB 16,650/mt last Friday evening, and touched as high as RMB 16,760/mt, and closed at RMB 16,755/mt, down RMB 55/mt or 0.33%.

SHANGHAI, Oct. 13 (SMM) – SHFE 1412 zinc contract prices opened at RMB 16,650/mt last Friday evening, and touched as high as RMB 16,760/mt, and closed at RMB 16,755/mt, down RMB 55/mt or 0.33%. Trading volumes decreased 38,426 to 230,204 lots, and total positions increased by 2,676 to 175,484 lots.

SHFE 1412 zinc contract prices opened at RMB 16,750/mt October 13, touching as high as RMB 16,880/mt in the morning. But due to the lack of buyers, SHFE 1412 zinc contract prices lost early gains and and closed at RMB 16,805/mt, down RMB 5/mt or 0.03%. Trading volumes decreased 105,362, to 403,972 lots, and total positions were down by 5,634 lots to 167,174 lots. SHFE 1412 zinc contract prices are expected to fluctuate around the 5-day moving average.
 

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