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

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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. 

Price

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1# Zinc
Apr.22
21890.0
70.0
(0.32%)
0# Zinc
Apr.22
21960.0
70.0
(0.32%)
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 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.