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SHFE 1702 Zinc Closes with Declines (2016-12-13)

iconDec 13, 2016 17:43
Source:SMM
SHFE 1702 zinc moved around RMB 22,550/mt after opening and fell to RMB 22,230/mt as shorts increased positions. In the afternoon, SHFE 1702 zinc erased some losses and closed at RMB 22,600/mt, down R

SHANGHAI, Dec. 13 (SMM) – SHFE 1702 zinc moved around RMB 22,550/mt after opening and fell to RMB 22,230/mt as shorts increased positions. In the afternoon, SHFE 1702 zinc erased some losses and closed at RMB 22,600/mt, down RMB 70/mt or 0.31%. Trading volumes decreased 20,218 lots to 577,000 lots, and positions decreased 14,024 to 226,000. SHFE 1702 zinc is expected to experience corrections in the evening session. 

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