SHANGHAI, May 8 (SMM) – SHFE 1507 zinc contract prices fluctuated between RMB 17,155-17,215/mt Thursday evening, and closed at RMB 17,200/mt, down RMB 55/mt or 0.32%. Trading volumes decreased 31,024 to 62,286 lots, and total positions declined 1,680 to 168,462.
SHFE 1507 zinc contract prices opened at RMB 17,190/mt on Friday, then dipped to as low as RMB 17,045/mt, and closed at RMB 17,105/mt, down RMB 150/mt or 0.87%. Trading volumes increased 8,300 to 165,746 lots, and total positions fell 15,584 to 154,558. SHFE 1507 zinc contract prices are expected to stand at the 5-day moving average this evening.