SHFE 1701 Zinc Closes with Gains (2016-11-18)

Price Review & Forecast 07:20:52PM Nov 18, 2016 Source:SMM

SHANGHAI, Nov. 18 (SMM) – SHFE 1701 zinc opened at RMB 20,710/mt, and hovered around RMB 20,560/mt. In the afternoon, SHFE 1701 zinc climbed as shorts reduced positions and closed at RMB 20,890/mt, up RMB 95/mt or 0.46%. Trading volumes decreased 99,980 lots to 591,000 lots, and positions decreased 4,825 to 239,000. SHFE 1701 zinc is expected to hover at highs in the evening. 

SHFE 1701 Zinc Closes with Gains (2016-11-18)

Price Review & Forecast 07:20:52PM Nov 18, 2016 Source:SMM

SHANGHAI, Nov. 18 (SMM) – SHFE 1701 zinc opened at RMB 20,710/mt, and hovered around RMB 20,560/mt. In the afternoon, SHFE 1701 zinc climbed as shorts reduced positions and closed at RMB 20,890/mt, up RMB 95/mt or 0.46%. Trading volumes decreased 99,980 lots to 591,000 lots, and positions decreased 4,825 to 239,000. SHFE 1701 zinc is expected to hover at highs in the evening.