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

Published: May 29, 2015 18:34 (GMT+8)
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 for 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
Peru sees 1 million t/y copper output boost within five to six years
14 hours ago
Peru sees 1 million t/y copper output boost within five to six years
Read More
Peru sees 1 million t/y copper output boost within five to six years
Peru sees 1 million t/y copper output boost within five to six years
Peru's Energy and Mines Minister Guillermo Shinno said the country expects to add about 1 million tonnes of annual copper production within five to six years through new mining projects. The world's third-largest copper producer anticipates 2026 output of 2.5 to 2.7 million tonnes, roughly unchanged from 2023 as declining ore grades and recurring social conflicts weigh on supply. The newly elected government is seeking to reverse that stagnation by cutting red tape; in the two months since taking office, mining companies have stepped up engagement with the ministry. Shinno said officials have identified 27 permits that could be eliminated from roughly 100 mining-sector requirements, without lowering environmenta
14 hours ago
India copper producers seek GST cut as record prices raise working-capital burden
19 hours ago
India copper producers seek GST cut as record prices raise working-capital burden
Read More
India copper producers seek GST cut as record prices raise working-capital burden
India copper producers seek GST cut as record prices raise working-capital burden
Indian copper producers are seeking a GST cut to 5% from 18%, citing rising working-capital requirements amid record-high copper prices.
19 hours ago
Sulphuric Acid Shortage Emerges as a Constraint on Zambia’s Copper Growth
23 hours ago
Sulphuric Acid Shortage Emerges as a Constraint on Zambia’s Copper Growth
Read More
Sulphuric Acid Shortage Emerges as a Constraint on Zambia’s Copper Growth
Sulphuric Acid Shortage Emerges as a Constraint on Zambia’s Copper Growth
Zambia’s sulphuric acid shortage is becoming a growing constraint on copper production and refining. Jubilee Metals reported acid costs rising by more than 200% in Q4 FY2026, while Sable cathode output fell to 250 t from 361 t in Q3. Government data also showed small-scale copper production down 35.2% YoY in H1 2026, highlighting the sector’s exposure to tight acid availability and higher processing costs.
23 hours ago