Articles Tagged "shanghai"

Zinc Futures surged 1.12% on Asian Cues

Zinc futures on Friday shot up by 1.22 per cent on the Multi Commodity Exchange, tracking steep surge in the metal prices at Shanghai amid covering-up of short positions by traders. For full story, click here

Shanghai zinc surged 5 percent

Zinc futures in Shanghai jumped by their 5 percent daily limit on Monday, chasing the rally in copper which is on its seventh consecutive session of gains. For full story, click here

Zinc falls 0.9 %

Among the London Metal Exchange traded metals, zinc slumped 0.9 percent to $1,160. For full story, click here    

Zinc futures plunges in Shanghai

Zinc futures fell in Shanghai, broadening limit-down losses of Monday as China’s financial markets reopened after seven days holiday break. Tim Mercer, chief investment officer of Hong Kong- based hedge fund Musashi Capital Ltd. said: Commodity prices may extend their declines into the second quarter of next year because global economic growth is slowing. For full [...]

Shanghai zinc bounced more than 2 percent

Shanghai zinc bounced more than 2 percent, reversing some of Friday’s losses. However, analysts were quoted as saying: Prices could fall another 10 percent as demand growth softens and the dollar heads higher again. Click here for full story.