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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)

May 15, 2015 16:59

Source: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%.

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.

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