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SHFE 1704 Zinc Closes with Losses (2017-2-17)

iconFeb 17, 2017 20:05
SHFE 1704 zinc fluctuated around RMB 23,430/mt after opening today. In the afternoon, prices fell to RMB 23,135/mt and then rose to RMB 23,280/mt, and closed at RMB 23,280/mt, down RMB RMB 275/mt or 1

SHANGHAI, Feb. 17 (SMM) – SHFE 1704 zinc fluctuated around RMB 23,430/mt after opening today. In the afternoon, prices fell to RMB 23,135/mt and then rose to RMB 23,280/mt, and closed at RMB 23,280/mt, down RMB RMB 275/mt or 1.21%.

Trading volumes on SHFE 1704 zinc decreased 22,440  to 455,000, and positions increased 5,660 to 169,000. SHFE 1704 zinc should weaken this evening. 

LME Zinc prices
SHFE zinc prices
zinc prices
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