SHFE Zinc Closes Down 115/mt, More Losses Expected (Mar. 18, 2015)

Published: Mar 18, 2015 17:24

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SHFE 1505 zinc contract rose to RMB 15,800/mt after starting Monday’s night session at RMB 15,765/mt.

SHANGHAI, Mar. 18 (SMM) – SHFE 1505 zinc contract rose to RMB 15,800/mt after starting Tuesday’s night session at RMB 15,765/mt. But the most active contract fell to RMB 15,750/mt later before ending down RMB 20/mt or 0.13% at RMB 15,735/mt. Trading volumes were up 3,610 lots to 40,000 lots, with positions up 1,402 to 165,680.

On Wednesday, May zinc on the SHFE climbed to 15,710/mt after opening at RMB 15,670/mt. But the contract fell back later to end RMB 115/mt or 0.73% lower at RMB 15,615/mt. Trading volumes shrank 26,502 lots to 69,740 lots, with positions down 4,480 to 158,680.

SHFE zinc prices

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