SHFE 1703 Zinc Closes with Gains (2017-1-18)

Published: Jan 18, 2017 20:11
SHFE 1703 zinc rose to RMB 22,540/mt after opening today and reached RMB 22,595/mt. With exit of longs, SHFE 1703 zinc fell to RMB 22,450/mt and closed at RMB 22,395/mt, up RMB 25/mt or 0.11%.

SHANGHAI, Jan. 18 (SMM) – SHFE 1703 zinc rose to RMB 22,540/mt after opening today and reached RMB 22,595/mt. With exit of longs, SHFE 1703 zinc fell to RMB 22,450/mt and closed at RMB 22,395/mt, up RMB 25/mt or 0.11%.

Trading volumes increased 1,518 lots to 715,000 lots, and positions decreased 9,458 to 200,000. SHFE 1703 zinc is expected to remain strong in the evening session. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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