SHFE Zinc Prices Closed with Declines (Jun. 16, 2015)

SHANGHAI, Jun. 16 (SMM) – SHFE 1508 zinc contract prices opened at RMB 16,060/mt Monday evening, then dropped to RMB 16,100/mt, and closed at RMB 16,095/mt, down RMB 75/mt or 0.46%. Trading volumes decreased 2,282 to 26,874 lots, and total positions increased 364 to 123,472.

SHFE 1508 zinc contract prices opened at RMB 16,060/mt on Tuesday, then struggled at RMB 16,100/mt and closed at RMB 16,095/mt, down RMB 75/mt or 0.46%. Trading volumes decreased 15,548 to 60,406 lots, and total positions decreased 1,120 to 122,000. SHFE 1506 zinc contract prices should face pressure.