SHANGHAI, Jul. 7 (SMM) – SHFE 1509 zinc contract prices opened at RMB 15,205/mt Monday evening, then climbed to RMB 15,240-15,260/mt, and closed at RMB 15,250/mt, down RMB 10/mt or 0.07%.
SHFE 1509 zinc contract prices rose after opening on Tuesday, and once touched RMB 15,420/mt. In the afternoon, SHFE 1509 zinc contract prices extended losses , and closed at RMB 15,215/mt, down RMB 45/mt or 0.29%. Trading volumes decreased 14,170 to 137,072 lots, and total positions increased 4,818 to 144,050. SHFE 1509 zinc contract prices will test support from RMB 15,200/mt this evening.
![[SMM Analysis] Influenced by macro sentiment, MHP and high-grade nickel matte prices declined this week.](https://imgqn.smm.cn/usercenter/CWsEw20251217171732.jpeg)

