Sep 18, 2014 13:32 GMT Source:SMM
Tags: zinc prices
SHANGHAI, Sept. 18 (SMM) – SHFE 1411 zinc contract prices opened low at RMB 16,265/mt on Wednesday evening, then fluctuated between RMB 16,300-16,370/mt, and closing at RMB 16,330/mt, down RMB 15/mt or 0.09%. Trading volumes decreased by 231,644 to 202,600 lots, and total positions increased by 620 to 164,004 lots.
SHFE 1411 zinc contract prices opened at RMB 16,330/mt on Wednesday, then dipped to an intraday low of RMB 16,235/mt, and closing at RMB 16,250/mt, down RMB 95/mt or 0.58%. Trading volumes decreased 274,636, to 387,446 lots, and total positions decreased by 4,622 lots to 158,762 lots. SHFE 1411 zinc contract prices should have little room to fall.