SHFE 1703 Zinc Closes with Gains (2017-2-10)

Published: Feb 10, 2017 19:26

Save

Ferrous metals surged today with rebar and hot-rolled coil rising over 2%. Iron ore rose by daily limit.

SHANGHAI, Feb. 10 (SMM) – Ferrous metals surged today with rebar and hot-rolled coil rising over 2%. Iron ore rose by daily limit.

SHFE 1703 zinc opened at RMB 23,125/mt today, and surged to a 2-month high of RMB 23,570/mt in the afternoon, and closed at RMB 23,415/mt, up RMB 340/mt or 1.47%.

Positions on SHFE 1704 zinc increased 13,170 lots to 149,000. Trading volumes on SHFE zinc increased 139,000 lots to 731,000 lots, and positions increased 24,396 to 411,000. SHFE 1704 zinc should remain strong this evening.

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