SHFE 1707 Zinc Closes with Gains (2017-5-10)

SHANGHAI, May 10 (SMM) – SHFE 1707 zinc opened at RMB 21,680/mt today and then edged down to RMB 21,600/mt, and climbed to RMB 21,710/mt after some longs increased positions. In the afternoon, SHFE 1707 zinc fell to RMB 21,650/mt, and closed at RMB 21,690/mt, up RMB 235/mt or 1.10%.

Trading volumes on SHFE 1707 zinc decreased 28,444 to 279,000 lots, and positions added 8,408 to 270,000. SHFE 1707 zinc is expected to hover around RMB 21,700/mt this evening.