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Home / Metal News / SHFE Zinc Prices Slumped 4.62% (Jul. 8, 2015)

SHFE Zinc Prices Slumped 4.62% (Jul. 8, 2015)

Jul 8, 2015 17:11

Source:SMM

SHFE 1509 zinc contract prices opened at RMB 15,200/mt Tuesday evening, then fell to RMB 14,505/mt, and closed at RMB 14,875/mt, down RMB 390/mt or 2.55%.

SHANGHAI, Jul. 8 (SMM) – SHFE 1509 zinc contract prices opened at RMB 15,200/mt Tuesday evening, then fell to RMB 14,505/mt, and closed at RMB 14,875/mt, down RMB 390/mt or 2.55%.

SHFE 1509 zinc contract prices slumped after opening on Wednesday, and once dropped to RMB 14,500/mt, down by daily limit, and closed at RMB 14,560/mt, down RMB 705/mt or 4.62%. Trading volumes increased 317,422 to 454,494 lots, and total positions decreased 5,520 to 138,530. SHFE 1509 zinc contract prices will look for price floor this evening.

SHFE zinc prices

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SHFE 1604 zinc contract prices opened at RMB 13,660/mt on Tuesday evening and closed at RMB 13,655/mt, down RMB 60/mt.

Feb 17, 2016 19:10

SMM Comments

Shanghai Zinc to Edge up (2016-2-2)

The market will lack solid macroeconomic news today.

Feb 2, 2016 10:13

SMM Comments

23% Chinese Investors Still Bullish toward Zinc, SMM Survey

SMM survey of over 30 industry insiders finds that 57% are neutral, expecting LME zinc to hover between USD 1,570-1,630/mt and SHFE 1604 zinc to fluctuate between RMB 12,900-13,300/mt.

Feb 2, 2016 09:27

SMM Comments

Shanghai Zinc to Remain Relatively Firm (2016-1-18)

There will not be any significant macroeconomic news today.

Jan 18, 2016 10:08

SMM Comments

SHFE Zinc to Edge up (2015-12-29)

The LME market reopened today, with LME zinc expected to move between USD 1,535-1,565/mt. SHFE 1603 zinc will rise to RMB 12,900-13,100/mt today.

Dec 29, 2015 09:47

SMM Comments

SHFE Zinc to Remain Bullish (2015-12-28)

The LME market remains closed today.

Dec 28, 2015 09:42

SMM Comments

SMM Zinc Market Daily Review (2015-10-26)

SHFE 1512 zinc contract prices opened at RMB 14,215/mt last Friday evening, then fell to RMB 14,020/mt and closed at RMB 14,020/mt, up RMB 20/mt.

Oct 27, 2015 10:07

SMM Comments

SHFE Zinc Prices Closed Up (Oct. 26, 2015)

SHFE 1512 zinc contract prices opened at RMB 14,215/mt last Friday evening, then fell to RMB 14,020/mt and closed at RMB 14,020/mt, up RMB 20/mt.

Oct 26, 2015 18:39

SMM Comments

SHFE Zinc Prices Closed Up (Oct. 21, 2015)

SHFE 1512 zinc contract prices opened at RMB 14,250/mt Tuesday evening, and touched RMB 14,370/mt but fell back and closed at RMB 14,295/mt, up RMB 85/mt.

Oct 21, 2015 18:08

SMM Comments

SHFE 1507 Zinc Inches up 0.27% (2015-4-30)

SHFE 1507 zinc contract opened at RMB 16,870/mt for Wednesday’s night session and met resistance at RMB 17,000/mt. That being said, buying activities grew with positions up 12,214.

Apr 30, 2015 17:50

SMM Comments

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SHFE Zinc Prices Slumped 4.62% (Jul. 8, 2015)

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