SHFE Zinc Prices Closed with Gains (Aug. 28, 2015)-Shanghai Metals Market

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SHFE Zinc Prices Closed with Gains (Aug. 28, 2015)

Price Review & Forecast 07:35:57PM Aug 28, 2015 Source:SMM

SHANGHAI, Aug. 28 (SMM) – SHFE 1510 zinc contract prices opened at RMB 14,560/mt Thursday evening, then edged up to  RMB 14,650/mt and closed at RMB 14,645/mt, up RMB 245/mt or 1.7%.

SHFE 1511 zinc contract prices rose to RMB 14,715/mt on Friday morning. But the drop in profit at China’s large industrials expanded in July, weighing down SHFE 1511 zinc contract prices to RMB 14,580-14,640/mt, and closed at RMB 14,610/mt, up RMB 295/mt or 2.03%. Trading volumes increased 12,906 to 101,264 lots, and total positions decreased 26 to 113,558. 


Key Words:  SHFE zinc prices 

SHFE Zinc Prices Closed with Gains (Aug. 28, 2015)

Price Review & Forecast 07:35:57PM Aug 28, 2015 Source:SMM

SHANGHAI, Aug. 28 (SMM) – SHFE 1510 zinc contract prices opened at RMB 14,560/mt Thursday evening, then edged up to  RMB 14,650/mt and closed at RMB 14,645/mt, up RMB 245/mt or 1.7%.

SHFE 1511 zinc contract prices rose to RMB 14,715/mt on Friday morning. But the drop in profit at China’s large industrials expanded in July, weighing down SHFE 1511 zinc contract prices to RMB 14,580-14,640/mt, and closed at RMB 14,610/mt, up RMB 295/mt or 2.03%. Trading volumes increased 12,906 to 101,264 lots, and total positions decreased 26 to 113,558. 


Key Words:  SHFE zinc prices