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SHFE Zinc Prices Closed with Losses (Jun. 5, 2015)
Jun 5,2015 18:34CST
price review forecast
Source:SMM
SHFE 1508 zinc contract prices surged briefly to RMB 16,470/mt Thursday evening, then dropped back to RMB 16,300/mt, and closed at RMB 16,320/mt, down RMB 65/mt or 0.4%.

SHANGHAI, Jun. 5 (SMM) –SHFE 1508 zinc contract prices surged briefly to RMB 16,470/mt Thursday evening, then dropped back to RMB 16,300/mt, and closed at RMB 16,320/mt, down RMB 65/mt or 0.4%. Trading volumes increased 15,250 to 63,336 lots, and total positions dropped 1,780 to 131,972.

SHFE 1508 zinc contract prices fluctuated between RMB 16,270-16,290/mt on Friday, and plunged to RMB 16,200/mt at the end of trading, and closed at RMB 16,210/mt, down RMB 175/mt or 1.07%. Trading volumes increased 12,000 to 139,000 lots, and total positions fell 3,586 to 130,000. SHFE 1508 zinc contract prices are expected to remain weak this evening.
 

SHFE 1508 zinc contract prices

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