SHFE Zinc Prices Finish with Declines (May 7, 2015)

SHANGHAI, May 7 (SMM) – SHFE 1507 zinc contract prices opened at RMB 17,350/mt Wednesday evening, then dropped to RMB 17,200/mt, and closed at RMB 17,215/mt, down RMB 155/mt or 0.89%. Trading volumes decreased 46,156 to 93,310 lots, and total positions declined 6,246 to 173,970.

SHFE 1507 zinc contract prices opened at RMB 17,210/mt on Thursday, then fluctuated between RMB 17,180-17,220/mt, and closed at RMB 17,185/mt, down RMB 185/mt or 1.07%. Trading volumes decreased 108,060 to 157,446 lots, and total positions fell 10,074 to 170,142. SHFE 1507 zinc contract prices are expected to rise this evening.