SHFE Zinc Prices Closed with Gains (Jul.3, 2015)

SHANGHAI, Jul. 3 (SMM) – SHFE 1509 zinc contract prices opened at RMB 15,550/mt Thursday evening, then touched RMB 15,655/mt, but fell back to RMB 15,500-15,550/mt later on and closed at RMB 15,545/mt, up RMB 60/mt.

SHFE 1509 zinc contract prices fell after opening on Friday and dipped to RMB 15,425/mt at one point, but then rallied and fluctuated between RMB 15,500-15,530/mt, and closed at RMB 15,520/mt, up RMB 35/mt or 0.23%. Trading volumes decreased 4,094 to 131,896 lots, and total positions increased 5,518 to 140,936. SHFE 1509 zinc contract prices will test support from RMB 15,500/mt this evening.