SHFE Zinc Prices Closed with Gains (Jun. 9, 2015)

Published: Jun 9, 2015 18:01
SHFE 1508 zinc contract prices opened at RMB 16,285/mt Monday evening, then surged to RMB 16,375/mt, but fell back to RMB 16,300/mt later on and closed at RMB 16,305/mt, up RMB 30/mt or 0.18%.

SHANGHAI, Jun. 9 (SMM) – SHFE 1508 zinc contract prices opened at RMB 16,285/mt Monday evening, then surged to RMB 16,375/mt, but fell back to RMB 16,300/mt later on and closed at RMB 16,305/mt, up RMB 30/mt or 0.18%.

SHFE 1508 zinc contract prices opened at RMB 16,320/mt, then rebounded with LME zinc prices, though increases were modest, and closed at RMB 16,330/mt, up RMB 55/mt or 0.34%. Trading volumes increased 3,352 to 84,136 lots, and total positions fell 1,096 to 127,460. Any downward room for SHFE 1508 zinc contract prices will lack ability to rise 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
Chongqing Gov't Launches 1.1M Yuan Tender for UPS and Lead-Acid Batteries for Fengjie County Public Security Bureau
14 mins ago
Chongqing Gov't Launches 1.1M Yuan Tender for UPS and Lead-Acid Batteries for Fengjie County Public Security Bureau
Read More
Chongqing Gov't Launches 1.1M Yuan Tender for UPS and Lead-Acid Batteries for Fengjie County Public Security Bureau
Chongqing Gov't Launches 1.1M Yuan Tender for UPS and Lead-Acid Batteries for Fengjie County Public Security Bureau
[Lead-acid Battery Market Update] Recently, the Chongqing Municipal Government Procurement Network issued a tender announcement, officially launching an open tender for the Fengjie County Public Security Bureau server room UPS and supporting battery procurement project (Project No.: FJX26A00062), with a total budget and maximum price both set at 1.1 million yuan. According to the tender documents, the procurement scope includes a 300kVA modular online double-conversion UPS system and 12V200Ah valve-regulated sealed lead-acid batteries.
14 mins ago
Kungong Technology and Yunnan Chihong Resources Comprehensive Utilization Co., Ltd. Sign Strategic Cooperation Agreement
20 mins ago
Kungong Technology and Yunnan Chihong Resources Comprehensive Utilization Co., Ltd. Sign Strategic Cooperation Agreement
Read More
Kungong Technology and Yunnan Chihong Resources Comprehensive Utilization Co., Ltd. Sign Strategic Cooperation Agreement
Kungong Technology and Yunnan Chihong Resources Comprehensive Utilization Co., Ltd. Sign Strategic Cooperation Agreement
[Lead Market News] Recently, Kunming University of Science and Technology Hengda Technology Co., Ltd. and Yunnan Chihong Resources Comprehensive Utilization Co., Ltd. officially signed a strategic cooperation agreement in Qujing, Yunnan. The two parties will establish a comprehensive strategic cooperation partnership focused on customized technology development, process optimization, production application, and targeted supply of core raw materials, including lead-based alloys and zinc-based alloys for batteries.
20 mins ago
Spot Lead Prices Strengthened Then Weakened During the Week, Tight Scrap Battery Raw Material Supply Supported Smelter Purchase Prices [SMM Scrap Battery Weekly Review]
50 mins ago
Spot Lead Prices Strengthened Then Weakened During the Week, Tight Scrap Battery Raw Material Supply Supported Smelter Purchase Prices [SMM Scrap Battery Weekly Review]
Read More
Spot Lead Prices Strengthened Then Weakened During the Week, Tight Scrap Battery Raw Material Supply Supported Smelter Purchase Prices [SMM Scrap Battery Weekly Review]
Spot Lead Prices Strengthened Then Weakened During the Week, Tight Scrap Battery Raw Material Supply Supported Smelter Purchase Prices [SMM Scrap Battery Weekly Review]
50 mins ago
SHFE Zinc Prices Closed with Gains (Jun. 9, 2015) - Shanghai Metals Market (SMM)