SHFE 1704 Zinc Closes with Gains (2017-2-21)

Published: Feb 21, 2017 19:31
SHFE 1704 zinc fluctuated around RMB 23,550/mt after opening today and then reached RMB 23,630/mt. In the afternoon, SHFE 1704 zinc fell to RMB 23,430/mt and then closed at RMB 23,440/mt, up RMB 525/m

SHANGHAI, Feb. 21 (SMM) – SHFE 1704 zinc fluctuated around RMB 23,550/mt after opening today and then reached RMB 23,630/mt. In the afternoon, SHFE 1704 zinc fell to RMB 23,430/mt and then closed at RMB 23,440/mt, up RMB 525/mt or 2.29%.

Trading volumes on SHFE 1704 zinc decreased 24,384 to 494,000, and positions increased 3,266 to 170,000. SHFE 1704 zinc should remain at current level this evening. 

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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