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SHFE Zinc Prices Finish with Losses (May 21, 2015)
May 21,2015 17:20CST
price review forecast
Source:SMM
SHFE 1507 zinc contract prices opened at RMB 16,600/mt Wednesday evening, then fluctuated between RMB 16,500-16,520/mt, and closed at RMB 16,510/mt, down RMB 160/mt or 0.96%.

SHANGHAI, May 21 (SMM) – SHFE 1507 zinc contract prices opened at RMB 16,600/mt Wednesday evening, then fluctuated between RMB 16,500-16,520/mt, and closed at RMB 16,510/mt, down RMB 160/mt or 0.96%. Trading volumes decreased 19,350 to 59,178 lots, and total positions fell 1,916 to 87,986.

SHFE 1507 zinc contract prices opened at RMB 16,525/mt on Thursday, then edged up and rebounded to as high as RMB 16,715/mt in the afternoon, and closed at RMB 16,620/mt, down RMB 50/mt or 0.3%. Trading volumes decreased 28,376 to 214,456 lots, and total positions fell 8,198 to 81,704. SHFE 1507 zinc contract prices are expected to fall further this evening.

 

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