SHFE Zinc Prices Weaken (2016-5-18)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Copper
  • Customs data
  • Nickel
  • price forecast
  • Market commentary
  • Futures movement
  • MMi Iron Ore Port Index
  • Secondary lead
  • Morning comments
  • Inventory data
  • Evening comments
  • Aluminium scrap

SHFE Zinc Prices Weaken (2016-5-18)

Price Review & Forecast 05:22:16PM May 18, 2016 Source:SMM

SHANGHAI, May 18 (SMM) – SHFE 1607 zinc opened at RMB 15,115/mt last evening, and closed at RMB 15,140/mt, up RMB 15/mt. Trading volumes of SHFE 1607 zinc were 164,000, and positions decreased 722 to 192,000.

SHFE 1607 zinc hovered around RMB 15,150/mt after opening, and dipped to RMB 14955/mt later the day, hovering around RMB 15,000/mt in the afternoon. Trading volumes of SHFE 1607 zinc surged 52,000 to 379,000, and positions decreased 18,000 to 175,000. The market is awaiting Fed’s meeting minutes.

 


Key Words:  SHFE zinc prices 

SHFE Zinc Prices Weaken (2016-5-18)

Price Review & Forecast 05:22:16PM May 18, 2016 Source:SMM

SHANGHAI, May 18 (SMM) – SHFE 1607 zinc opened at RMB 15,115/mt last evening, and closed at RMB 15,140/mt, up RMB 15/mt. Trading volumes of SHFE 1607 zinc were 164,000, and positions decreased 722 to 192,000.

SHFE 1607 zinc hovered around RMB 15,150/mt after opening, and dipped to RMB 14955/mt later the day, hovering around RMB 15,000/mt in the afternoon. Trading volumes of SHFE 1607 zinc surged 52,000 to 379,000, and positions decreased 18,000 to 175,000. The market is awaiting Fed’s meeting minutes.

 


Key Words:  SHFE zinc prices