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SHFE 1704 Zinc Closes with Losses (2017-2-24)
Feb 24, 2017 19:48Source:SMM
SHFE 1704 zinc opened at RMB 22,535/mt and edged up to RMB 22,650/mt. Boosted by ferrous metals prices in the afternoon, SHFE 1704 zinc rallied to RMB 22,800/mt and closed at RMB 22,925/mt, down RMB 2
SHANGHAI, Feb. 24 (SMM) – SHFE 1704 zinc opened at RMB 22,535/mt and edged up to RMB 22,650/mt. Boosted by ferrous metals prices in the afternoon, SHFE 1704 zinc rallied to RMB 22,800/mt and closed at RMB 22,925/mt, down RMB 280/mt or 1.21%.
Trading volumes on SHFE 1704 zinc increased 56,988 to 535,000, and positions decreased 10,986 to 166,000. SHFE 1704 zinc should rally this evening.
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