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

Published: Feb 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. 

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.

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SHFE 1704 Zinc Closes with Losses (2017-2-17) - Shanghai Metals Market (SMM)