SHANGHAI, Dec. 24 (SMM) – SHFE 1602 zinc contract prices opened at RMB 12,900/mt Wednesday evening, then fluctuated around moving averages and closed the day at RMB 12,975/mt, up RMB 150/mt. Trading volumes on SHFE 1602 zinc contracts were 237,000 lots, and total positions were up 3,626 to 187,000.
SHFE 1602 zinc contract prices opened at RMB 12,975/mt on Thursday, then edged up to RMB 13,050/mt, with the high-end of RMB 13,140/mt. In the afternoon, SHFE 1602 zinc hovered around RMB 13,050/mt, but fell slightly at the end of trading and closed the day at RMB 12,985/mt, up RMB 160/mt. Trading volumes of SHFE 1602 zinc contracts increased 153,000 to 573,000 lots, with total positions down 9,618 to 174,000. Trading volumes of SHFE 1603 zinc contracts increased over 10,000 to 130,000 lots.