SHFE 1702 Zinc Closes with Declines (2016-12-12)

Published: Dec 12, 2016 18:58

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SHFE 1702 zinc pulled up to RMB 22,860/mt after opening and reached RMB 22,985/mt due to rising rebar and yuan’s devaluation.

SHANGHAI, Dec. 12 (SMM) – SHFE 1702 zinc pulled up to RMB 22,860/mt after opening and reached RMB 22,985/mt due to rising rebar and yuan’s devaluation. In the afternoon, SHFE 1702 zinc fell and closed at RMB 22,370/mt, down RMB 140/mt or 0.62%. Trading volumes decreased 137,000 lots to 598,000 lots, and positions increased 6,174 to 240,000. SHFE 1702 zinc is expected to experience corrections in the evening session.

LME Zinc prices SHFE zinc prices zinc prices

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