SHANGHAI, Dec. 21 (SMM) – SHFE 1602 zinc contract prices opened at RMB 12,695/mt last Friday evening, then hovered around RMB 12,630/mt, and closing the day at RMB 12,740/mt, up RMB 185/mt. Trading volumes on SHFE 1602 zinc contracts were 227,000 lots, and total positions decreased 1,162 to 193,000.
SHFE 1602 zinc contract prices opened at RMB 12,740/mt on Monday, then fluctuated around RMB 12,700/mt. In the afternoon, iron ore prices surged 4% by daily limit, and boosted SHFE 1602 zinc to touch RMB 12,890/mt and closed the day at RMB 12,865/mt, up RMB 310/mt or 2.47%. Trading volumes of SHFE 1602 zinc contracts were 519,000 lots, with total positions down 7,692 to 186,000.