SHANGHAI, Nov. 5 (SMM) – SHFE 1601 zinc contract prices surged to RMB 13,875/mt Wednesday evening, then dropped on soaring US dollar, and closed at RMB 13,625/mt, down RMB 40/mt. Trading volumes were 152,000 lots, and total positions increased 6,918 to 156,000.
SHFE 1601 zinc contract prices opened at RMB 13,625/mt on Thursday, and fell to a record low of RMB 13,515/mt, and closed at RMB 13,530/mt, down RMB 135/mt or 0.99%. Trading volumes were up 48,012 to 320,000 lots. Total positions increased 9,272 to 158,000.