SHANGHAI, Jul. 9 (SMM) – SHFE 1509 zinc contract prices opened at RMB 14,750/mt Wednesday evening, then rallied to fluctuate between RMB 14,900-15,000/mt, and closed at RMB 14,985/mt, up RMB 225/mt.
SHFE 1509 zinc contract prices rose on Thursday, and once touched RMB 15,335/mt, and closed at RMB 15,195/mt, up RMB 425/mt or 2.95%. Trading volumes decreased 249,260 lots, and total positions decreased 17,510 to 121,020. SHFE 1509 zinc contract prices are expected to point toward RMB 15,200/mt this evening.