SHFE 1612 Zinc Closes Sharp Gains (2016-10-31)

Published: Oct 31, 2016 20:46

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SHFE 1612 zinc opened at RMB 19,200/mt today, and rose to RMB 19,365/mt with LME zinc but then fell to RMB 19,155-19,260/mt.

SHANGHAI, Oct. 31 (SMM) – SHFE 1612 zinc opened at RMB 19,200/mt today, and rose to RMB 19,365/mt with LME zinc but then fell to RMB 19,155-19,260/mt. In the afternoon, SHFE 1612 zinc hit the highest since April 15, 2011 and closed at RMB 19,330/mt, up RMB 320/mt or 1.68%. Trading volumes increased 16,690 to 24,860 lots, and positions decreased 3,920 to 187,000.

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