Home / Metal News / SHFE Zinc Prices Closed with Gains (May 28, 2015)

SHFE Zinc Prices Closed with Gains (May 28, 2015)

iconMay 28, 2015 17:29
Source:SMM
SHFE 1508 zinc contract prices opened at RMB 16,550/mt Wednesday evening, then rose to RMB 16,785/mt, and closed at RMB 16,705/mt, up RMB 100/mt or 0.6%.

SHANGHAI, May 28 (SMM) – SHFE 1508 zinc contract prices opened at RMB 16,550/mt Wednesday evening, then rose to RMB 16,785/mt, and closed at RMB 16,705/mt, up RMB 100/mt or 0.6%. Trading volumes increased 28,210 to 68,776 lots, and total positions grew 14,564 to 122,522.

SHFE 1508 zinc contract prices opened at RMB 16,700/mt on Thursday, then edged up as a large number of longs entered the market, but fell back to as low as RMB 16685/mt in the afternoon, and closed at RMB 16,835/mt, up RMB 230/mt or 1.39%. Trading volumes increased 96,582 to 189,616 lots, and total positions grew 27,792 to 135,750. SHFE 1508 zinc contract prices are expected to maintain upward momentum this evening.

 

zinc prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All