SHFE 1701 Zinc Closes with Slight Gains (2016-11-29)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Futures movement
  • Aluminium
  • Silicon
  • Inventory data
  • Prebaked anode
  • Copper
  • Lead
  • Evening comments
  • MMi Iron Ore Port Index
  • New Energy Vehicle
  • Nickel
  • NEV
  • Production data
  • Market commentary

SHFE 1701 Zinc Closes with Slight Gains (2016-11-29)

Price Review & Forecast 05:08:56PM Nov 29, 2016 Source:SMM

SHANGHAI, Nov. 29 (SMM) – SHFE 1701 zinc fell from RMB 24,200/mt after opening to RMB 23,650/mt after opening. In the afternoon, SHFE 1701 zinc hovered around RMB 23,820/mt, and closed at RMB 23,780/mt, up RMB 85/mt or 0.36%. Trading volumes increased 359,000 lots to 875,000 lots, and positions decreased 48,842 to 166,000. Trading volumes on SHFE zinc increased 641,000 lots to 1.40 million lots, and positions decreased 22,560 to 463,000. SHFE 1701 zinc is expected to fall further in the evening session. 

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 Closes with Slight Gains (2016-11-29)

Price Review & Forecast 05:08:56PM Nov 29, 2016 Source:SMM

SHANGHAI, Nov. 29 (SMM) – SHFE 1701 zinc fell from RMB 24,200/mt after opening to RMB 23,650/mt after opening. In the afternoon, SHFE 1701 zinc hovered around RMB 23,820/mt, and closed at RMB 23,780/mt, up RMB 85/mt or 0.36%. Trading volumes increased 359,000 lots to 875,000 lots, and positions decreased 48,842 to 166,000. Trading volumes on SHFE zinc increased 641,000 lots to 1.40 million lots, and positions decreased 22,560 to 463,000. SHFE 1701 zinc is expected to fall further in the evening session.