SHFE 1701 Zinc Close Higher (2016-11-9)-Shanghai Metals Market

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SHFE 1701 Zinc Close Higher (2016-11-9)

Price Review & Forecast 06:18:19PM Nov 09, 2016 Source:SMM

SHANGHAI, Nov. 9 (SMM) –Trump won majority of US general election, allowing risk aversion to grow. SHFE 1701 zinc fell from RMB 20,185/mt to RMB 19,630/mt after opening, and closed at RMB 19,840/mt, up RMB 115/mt or 0.58%. Trading volumes decreased 269,000 to 672,000 lots, and positions decreased 9,848 to 258,000. SHFE 1701 zinc is expected to return to RMB 20,000/mt this evening. 

Key Words:  zinc prices 

Price

more
1# Zinc
Apr.19
21820.0
-40.0
(-0.18%)
0# Zinc
Apr.19
21890.0
-40.0
(-0.18%)
T/C for domestic zinc concentrate
Apr.01
6350.0
200.0
(3.25%)
T/C for imported zinc concentrate
Apr.01
240.0
5.0
(2.13%)
Zinc Alloy (Zamak3/ZX01)
Apr.19
22790.0
-40.0
(-0.18%)

SHFE 1701 Zinc Close Higher (2016-11-9)

Price Review & Forecast 06:18:19PM Nov 09, 2016 Source:SMM

SHANGHAI, Nov. 9 (SMM) –Trump won majority of US general election, allowing risk aversion to grow. SHFE 1701 zinc fell from RMB 20,185/mt to RMB 19,630/mt after opening, and closed at RMB 19,840/mt, up RMB 115/mt or 0.58%. Trading volumes decreased 269,000 to 672,000 lots, and positions decreased 9,848 to 258,000. SHFE 1701 zinc is expected to return to RMB 20,000/mt this evening. 

Key Words:  zinc prices