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SHFE Zinc Prices Finish with Gains (Apr. 9, 2015)
Apr 9,2015 16:00CST
price review forecast
Source:SMM
SHFE 1506 zinc contract prices opened at RMB 16,190/mt Wednesday evening, then hovered around RMB 16,220/mt.

SHANGHAI, Apr. 9 (SMM) – SHFE 1506 zinc contract prices opened at RMB 16,190/mt Wednesday evening, then hovered around RMB 16,220/mt, but fell to RMB 16,160-16,200/mt later and closed the day at RMB 16,185/mt, down RMB 40/mt or 0.25%.

SHFE 1506 zinc contract prices opened at RMB 16,175/mt on Thursday, and inched lower to RMB 16,105/mt as a growing number of longs withdrew, and closed at RMB 16,165/mt, down RMB 60/mt or 0.37%. Trading volumes decreased 34,506 to 83,652 lots, and total positions fell 3,846 to 124,388. SHFE 1506 zinc contract prices are expected to remain steady in the near term.
 

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