SHFE 1703 Zinc Closes with Gains (2017-2-7)

Published: Feb 7, 2017 17:31
SHFE 1703 zinc opened at RMB 22,430/mt today, and then dipped to RMB 22,525/mt. In the afternoon, SHFE 1703 zinc reached RMB 22,795/mt, and closed at RMB 22,675/mt, up RMB 60/mt or 0.27%.

SHANGHAI, Feb. 7 (SMM) – SHFE 1703 zinc opened at RMB 22,430/mt today, and then dipped to RMB 22,525/mt. In the afternoon, SHFE 1703 zinc reached RMB 22,795/mt, and closed at RMB 22,675/mt, up RMB 60/mt or 0.27%.

Trading volumes decreased 4,908 lots to 319,000 lots, and positions decreased 6,992 to 147,000. SHFE 1703 zinc should test support from the 20-day moving average this evening.

 

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