SHFE Zinc Prices Closed with Gains (May 29, 2015)

Published: May 29, 2015 18:34
SHFE 1508 zinc contract prices opened at RMB 16,880/mt Thursday evening, then dropped to as low as RMB 16,755/mt, and closed at RMB 16,825/mt, up RMB 95/mt or 0.57%.

SHANGHAI, May 29 (SMM) – SHFE 1508 zinc contract prices opened at RMB 16,880/mt Thursday evening, then dropped to as low as RMB 16,755/mt, and closed at RMB 16,825/mt, up RMB 95/mt or 0.57%.

SHFE 1508 zinc contract prices opened at RMB 16,830/mt on Friday, then dropped to RMB 16,720/mt, but rose with LME zinc prices to RMB 16,870/mt in the afternoon, and closed at RMB 16,850/mt, up RMB 120/mt or 0.72%. Trading volumes decreased 17,264 to 172,352 lots, and total positions grew 2,898 to 138,648. SHFE 1508 zinc contract prices are expected to remain steady this evening.
 

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Tax-Inclusive Procurement Costs for Copper Scrap Rose, and "Reverse Invoicing" Became a Key Compliance Pathway
19 hours ago
Tax-Inclusive Procurement Costs for Copper Scrap Rose, and "Reverse Invoicing" Became a Key Compliance Pathway
Read More
Tax-Inclusive Procurement Costs for Copper Scrap Rose, and "Reverse Invoicing" Became a Key Compliance Pathway
Tax-Inclusive Procurement Costs for Copper Scrap Rose, and "Reverse Invoicing" Became a Key Compliance Pathway
Looking back at 2025, as the transitional implementation year for the "reverse invoicing" policy, the National Development and Reform Commission's "Document No. 770" explicitly required the termination of local governments' non-compliant investment promotion cooperation. Under the policy guidance of building a unified national market, the copper scrap industry has been gradually moving toward a standardized and compliant development track.
19 hours ago
CMOC: 2025 Net Profit up 50.3% YoY, Copper Production at 741,100 mt; Niobium, Cobalt, Molybdenum, and Tungsten Output Exceeded Expectations
Mar 28, 2026 11:05
CMOC: 2025 Net Profit up 50.3% YoY, Copper Production at 741,100 mt; Niobium, Cobalt, Molybdenum, and Tungsten Output Exceeded Expectations
Read More
CMOC: 2025 Net Profit up 50.3% YoY, Copper Production at 741,100 mt; Niobium, Cobalt, Molybdenum, and Tungsten Output Exceeded Expectations
CMOC: 2025 Net Profit up 50.3% YoY, Copper Production at 741,100 mt; Niobium, Cobalt, Molybdenum, and Tungsten Output Exceeded Expectations
Mar 28, 2026 11:05
INE to Expand Tradable Options for Qualified Foreign Investors, Adding TSR 20 Rubber and Copper Contracts
Mar 27, 2026 17:05
INE to Expand Tradable Options for Qualified Foreign Investors, Adding TSR 20 Rubber and Copper Contracts
Read More
INE to Expand Tradable Options for Qualified Foreign Investors, Adding TSR 20 Rubber and Copper Contracts
INE to Expand Tradable Options for Qualified Foreign Investors, Adding TSR 20 Rubber and Copper Contracts
According to an announcement by the Shanghai International Energy Exchange, with the approval of the China Securities Regulatory Commission, effective April 22, 2026 (from the night continuous trading session on April 21), the Shanghai International Energy Exchange (hereinafter referred to as INE) will further expand the range of tradable products available to Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors (collectively, Qualified Foreign Investors), with the newly added commodity options contracts open for trading as follows: TSR 20 rubber and international copper options contracts.
Mar 27, 2026 17:05
SHFE Zinc Prices Closed with Gains (May 29, 2015) - Shanghai Metals Market (SMM)