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Home / Metal News / SHFE Zinc Prices Finish with Declines (May 15, 2015)

SHFE Zinc Prices Finish with Declines (May 15, 2015)

iconMay 15, 2015 16:59
SHFE 1507 zinc contract prices opened at RMB 16,940/mt Thursday evening, then dropped to RMB 16,840/mt, and closed at RMB 16,870/mt, down RMB 0.82%.

SHANGHAI, May 15 (SMM) – SHFE 1507 zinc contract prices opened at RMB 16,940/mt Thursday evening, then dropped to RMB 16,840/mt, and closed at RMB 16,870/mt, down RMB 0.82%. Trading volumes decreased 64,456 to 86,050 lots, and total positions fell 2,054 to 130,018.

SHFE 1507 zinc contract prices opened at RMB 16,875/mt on Friday, then fluctuated below RMB 17,000/mt as a large number of long left the market, and closed at RMB 16,935/mt, down RMB 75/mt or 0.44%. Trading volumes decreased 52,888 to 121,098 lots, and total positions fell 14,704 to 117,368. SHFE 1507 zinc contract prices are expected to drop below the 20-day moving average this evening.
 

zinc prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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