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Home / Metal News / SHFE 1702 Zinc Closes with Gains (2016-12-21)

SHFE 1702 Zinc Closes with Gains (2016-12-21)

Dec 21, 2016 17:12

Source:SMM

SHFE 1702 zinc rose to RMB 21,440/mt after opening and reached RMB 21,490/mt but then fell to RMB 21,260/mt.

SHANGHAI, Dec. 21 (SMM) – SHFE 1702 zinc rose to RMB 21,440/mt after opening and reached RMB 21,490/mt but then fell to RMB 21,260/mt. In the afternoon, SHFE 1702 zinc moved around RMB 2,133/mt and closed at RMB 21,320/mt, up RMB 210/mt or 0.99%. Trading volumes decreased 216,000 lots to 403,000 lots, and positions decreased 1,332 to 194,000. SHFE 1702 zinc will test the 40-day moving average in the evening session.

LME Zinc prices

SHFE zinc prices

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After SHFE zinc prices rose, traders mostly took a wait-and-see attitude in the spot market, SMM reported.

Aug 30, 2017 18:18

Industry

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SHFE 1702 Zinc Closes with Gains (2016-12-21)

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