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SHFE 1701 Zinc Closes with Big Gains (2016-11-10)

iconNov 10, 2016 17:27
Source:SMM
Base metals surged today. SHFE 1701 zinc rose to RMB 20,570/mt after opening, and increased to RMB 20,965/mt in the afternoon, and closed at RMB 20,845/mt, up RMB 845/mt or 4.22%.

SHANGHAI, Nov. 10 (SMM) –Base metals surged today. SHFE 1701 zinc rose to RMB 20,570/mt after opening, and increased to RMB 20,965/mt in the afternoon, and closed at RMB 20,845/mt, up RMB 845/mt or 4.22%. Trading volumes increased 400,000 to 1.07 million lots, and positions increased 19,778 to  277,000. SHFE 1701 zinc is expected to rise further in the near term. 

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