SHANGHAI, Apr. 13 (SMM) – SHFE 1506 zinc contract prices opened at RMB 16,375/mt last Friday evening, then fluctuated between RMB 16,330-16,430/mt, and closed the day at RMB 16,370/mt, up RMB 100/mt or 0.61%.
SHFE 1506 zinc contract prices opened at RMB 16,370/mt today, and pulled up to RMB 16,470/mt in the morning session, but met resistance at RMB 16,500/mt then fell back down to RMB 16,400/mt, and closed at RMB 16,450/mt, up RMB 180/mt or 1.11%. Trading volumes decreased 28,824 to 147,650 lots, and total positions declined 2,520 to 127,540. SHFE 1506 zinc contract prices are expected to rise to test RMB 16,600-16,700/mt this evening.