SHFE 1703 Zinc Closes with Gains (2017-1-9)

Published: Jan 9, 2017 19:44

Save

Hongkong InterBank Offered Rate (Hibor) dived 47 percentage points to 14.05% on Monday after last week’s surge.

SHANGHAI, Jan. 9 (SMM) – Hongkong InterBank Offered Rate (Hibor) dived 47 percentage points to 14.05% on Monday after last week’s surge.

SHFE 1703 zinc edged up to RMB 21,580/mt after opening today and then rose further to RMB 21,750/mt. In the afternoon, SHFE 1703 zinc dipped to RMB 21,565/mt and closed at RMB 21,775/mt, up RMB 400/mt or 1.87%.

Trading volumes increased 48,796 lots to 640,000 lots, and positions increased 20,894 to 223,000. Trading volumes on SHFE zinc increased 39,678 lots to 750,000 lots, and positions increased 26,004 to 425,000. SHFE 1703 zinc will remain strong in the evening session.

LME Zinc prices SHFE zinc prices zinc prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 16:42

Terminal Performance "Uneven," Zinc Oxide Chinese New Year Break Up YoY

Feb 6, 2026 16:42

Feb 6, 2026 16:38

Dual Pressures Force Die-Casting Zinc Alloy Firms to Lengthen Chinese New Year Holidays

Approaching the 2026 Chinese New Year, SMM conducted communication and research on the pre-holiday break arrangements of domestic die-casting zinc alloy enterprises. This survey covered 20 enterprises, with a total annual capacity of 829,000 mt, involving a zinc consumption scale during the holiday period of approximately 45,548 mt.

Feb 6, 2026 16:38

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14