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.