SHFE 1701 Zinc Closes with Sharp Gains (2016-11-22)

Price Review & Forecast 05:25:06PM Nov 22, 2016 Source:SMM

SHANGHAI, Nov. 22 (SMM) – SHFE 1701 zinc rose from RMB 21,400/mt to RMB 21,800/mt and surged to RMB 21,880/mt. In the afternoon, SHFE 1701 zinc inched down to RMB 21,790/mt and closed at RMB 21,800/mt, up RMB 690/mt or 3.27%. Trading volumes decreased 280,000 lots to 576,000 lots, and positions increased 340 to 255,000. SHFE 1701 zinc is expected to remain strong in the evening session. 

Key Words:  zinc prices 

SHFE 1701 Zinc Closes with Sharp Gains (2016-11-22)

Price Review & Forecast 05:25:06PM Nov 22, 2016 Source:SMM

SHANGHAI, Nov. 22 (SMM) – SHFE 1701 zinc rose from RMB 21,400/mt to RMB 21,800/mt and surged to RMB 21,880/mt. In the afternoon, SHFE 1701 zinc inched down to RMB 21,790/mt and closed at RMB 21,800/mt, up RMB 690/mt or 3.27%. Trading volumes decreased 280,000 lots to 576,000 lots, and positions increased 340 to 255,000. SHFE 1701 zinc is expected to remain strong in the evening session. 

Key Words:  zinc prices