SHFE Zinc Prices Closed with Losses (Sept. 21, 2015)

SHANGHAI, Sept. 21 (SMM) – SHFE 1511 zinc contract prices opened at RMB 14,200/mt last Friday evening, then plunged to as low as RMB 13,960/mt, their lowest since October 2011, and closed at RMB 14,015/mt, down RMB 295/mt or 2.06%.

SHFE 1511 zinc contract prices dipped to as low as RMB 13,660/mt on Monday, their lowest since June 9, 2010. In the afternoon, SHFE 1511 zinc contract prices rallied with the entry of long buyers, and closed at RMB 13,685/mt, down RMB 695/mt or 4.83%. Trading volumes increased 223,612 to 340,758 lots, and total positions grew 39,404 to 174,888.