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SHFE Zinc Prices Closed with Losses (Jun. 3, 2015)
Jun 3,2015 18:19CST
price review forecast
Source:SMM
SHFE 1508 zinc contract prices opened at RMB 16,505/mt Monday evening, then fluctuated between RMB 16,530-16,540/mt, and closed at RMB 16,520/mt, down RMB 155/mt or 0.93%.

SHANGHAI, Jun. 3 (SMM) – SHFE 1508 zinc contract prices opened at RMB 16,505/mt Monday evening, then fluctuated between RMB 16,530-16,540/mt, and closed at RMB 16,520/mt, down RMB 155/mt or 0.93%. Trading volumes decreased 22,670 to 57,326 lots, and total positions grew 5,910 to over 142,744.

SHFE 1508 zinc contract prices opened at RMB 16,535/mt on Wednesday, then inched down and dipped to an intraday low of RMB 16,260/mt as a large number of longs left the market, and extended losses in the afternoon with falling LME zinc prices, and closed at RMB 16,345/mt, down RMB 185/mt or 1.12%. Trading volumes increased 45,090 to 180,892 lots, and total positions fell 1,936 to 138,514. SHFE 1508 zinc contract prices are expected to fall further this evening.

 

SHFE 1508 zinc contract prices

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