SHFE Zinc Prices Closed with Gains (Aug. 17, 2015)

SHANGHAI, Aug. 17 (SMM) –SHFE 1510 zinc contract prices opened at RMB 14,990/mt last Friday evening, then fluctuated around RMB 14,950/mt, and closed at RMB 14,940/mt, up RMB 30/mt or 0.2%.

SHFE 1510 zinc contract prices fell after opening on Monday, dipping to as low as RMB 14,810/mt, but rallied later and closed at RMB 14,905/mt, down RMB 5/mt or 0.03%. Trading volumes decreased 998 to 108,446 lots, and total positions decreased 2,792 to 147,680. SHFE 1509 zinc contract prices will test support from the 20-day moving average.