SHFE 1705 Zinc Closes with Losses (2017-3-31)

Published: Mar 31, 2017 20:04

Save

SHFE 1705 zinc opened at RMB 23,350/mt today, and then surged to RMB 23,485/mt, but fell to RMB 23190/mt, with the low-end of RMB 23,105/mt. In the afternoon, SHFE 1705 zinc rallied with decreasing sh

SHANGHAI, Mar. 31 (SMM) – SHFE 1705 zinc opened at RMB 23,350/mt today, and then surged to RMB 23,485/mt, but fell to RMB 23190/mt, with the low-end of RMB 23,105/mt. In the afternoon, SHFE 1705 zinc rallied with decreasing shorts, and closed at RMB 23,380/mt, down RMB 50/mt or 0.12%.

Trading volumes on SHFE 1705 zinc increased 87,400 to 796,000, and positions decreased 21,550 to 213,000. Trading volumes on SHFE zinc added 109,000 to 1.048 million lots, and positions fell 17,174 to 483,000. SHFE market will not open 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

1 hour ago

Data: SHFE, DCE market movement (Mar 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Mar , 2026

1 hour ago

8 hours ago

Improved Macro Sentiment, LME Zinc Rebounded From Lows [SMM Zinc Morning Meeting Summary]

[SMM Zinc Morning Meeting Summary: Macro Sentiment Improved, LME Zinc Rebounded From Lows]: Overnight, LME zinc opened at $3,040.5/mt. After the opening, LME zinc fluctuated rangebound. During the session, LME zinc quickly surged to a high of $3,183/mt, then rapidly pulled back to around the daily average line, and subsequently fluctuated upward along the daily average line, finally closing higher at $3,103/mt, up $47/mt, or 1.54%···

8 hours ago

China’s Zinc Ingot Inventory Continued Destocking on Monday, SHFE Zinc Center Moved Higher [SMM Zinc Morning Comment]

[SMM Zinc Morning Comment: China’s Zinc Ingot Destocking Continued on Monday, and the Center of SHFE Zinc Moved Upward] Overnight, the most-traded SHFE zinc 2605 contract opened at 22,960 yuan/mt. After the opening, SHFE zinc fluctuated around the daily average line. In early trading, SHFE zinc dipped to 22,915 yuan/mt, and during the session, it touched a high of 23,150 yuan/mt, before finally closing up at 23,075 yuan/mt..

8 hours ago