SHFE Zinc Prices Closed with Losses (Sept. 28, 2015)-Shanghai Metals Market

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SHFE Zinc Prices Closed with Losses (Sept. 28, 2015)

Price Review & Forecast 06:07:06PM Sep 28, 2015 Source:SMM

SHANGHAI, Sept. 28 (SMM) – There was no night trading on the SHFE last Friday due to the Mid-Autumn Festival.

SHFE 1512 zinc contract prices opened at RMB 13,550/mt on Monday, and touched RMB 13,650/mt in the afternoon due to the exodus of shorts. With growing selling pressure, SHFE 1512 zinc contract prices plunged and closed at RMB 13,450/mt, down RMB 285/mt or 2.07%. Trading volumes were up 5,152 to 147,000 lots. Total positions decreased 79,028 to 86,072. 


Key Words:  SHFE zinc prices 

SHFE Zinc Prices Closed with Losses (Sept. 28, 2015)

Price Review & Forecast 06:07:06PM Sep 28, 2015 Source:SMM

SHANGHAI, Sept. 28 (SMM) – There was no night trading on the SHFE last Friday due to the Mid-Autumn Festival.

SHFE 1512 zinc contract prices opened at RMB 13,550/mt on Monday, and touched RMB 13,650/mt in the afternoon due to the exodus of shorts. With growing selling pressure, SHFE 1512 zinc contract prices plunged and closed at RMB 13,450/mt, down RMB 285/mt or 2.07%. Trading volumes were up 5,152 to 147,000 lots. Total positions decreased 79,028 to 86,072. 


Key Words:  SHFE zinc prices