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Home / Metal News / SHFE 1702 Zinc Closes with Sharp Gains (2016-12-26)

SHFE 1702 Zinc Closes with Sharp Gains (2016-12-26)

Dec 26, 2016 18:23

Source:SMM

SHFE 1702 zinc opened at RMB 20,760/mt and then fell to RMB 19,750/mt, dipping to RMB 19,670/mt and down by daily limit. In the afternoon, SHFE 1702 zinc rallied to RMB 19,88

SHANGHAI, Dec. 26 (SMM) – SHFE 1702 zinc opened at RMB 20,760/mt and then fell to RMB 19,750/mt, dipping to RMB 19,670/mt and down by daily limit. In the afternoon, SHFE 1702 zinc rallied to RMB 19,880/mt and closed at RMB 19,805/mt, down RMB 1,350/mt or 6.38%. Trading volumes increased 33,204 lots to 615,000 lots, and positions decreased 20,570 to 168,000. Trading volumes on SHFE zinc increased 118,000 lots to 900,000 lots, and positions decreased 32,572 to 418,000. SHFE 1702 zinc will rally in the evening session.

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