Metals News
[Zn Price] SHFE Zinc Prices Closed with Gains (Aug. 10, 2015)
price review forecast

SHANGHAI, Aug. 10 (SMM) – SHFE 1510 zinc contract prices opened at RMB 14,310/mt last Friday evening, then dipped to RMB 14,270/mt but rebounded to RMB 14,520/mt later, and closed at RMB 14,450/mt, up RMB 25/mt or 0.17%.

SHFE 1510 zinc contract prices dipped to RMB 14,330/mt after opening on Monday, then rose to touch RMB 15,595/mt with surging A-share market in China and short covering, and closed at RMB 14,530/mt, up RMB 110/mt or 0.76%. Trading volumes decreased 70,488 to 190,408 lots, and total positions decreased 2,732 to 170,672. SHFE 1509 zinc contract prices are expected to test support from RMB 14,500/mt.  

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