SHFE 1704 Zinc Closes with Losses (2017-2-24)

Published: Feb 24, 2017 19:48

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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.

LME Zinc prices SHFE zinc prices zinc prices

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