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Home / Metal News / SHFE 1705 Zinc Closes with Small Gains (2017-4-6)

SHFE 1705 Zinc Closes with Small Gains (2017-4-6)

Apr 6, 2017 17:05

Source:SMM

SHFE 1705 zinc opened at RMB 22,960/mt today, and then edged up to RMB 23,170/mt with longs leaving the market, reaching RMB 23,170/mt. At the end of trading, SHFE 1705 zinc fell slightly and closed a

SHANGHAI, Apr. 6 (SMM) – SHFE 1705 zinc opened at RMB 22,960/mt today, and then edged up to RMB 23,170/mt with longs leaving the market, reaching RMB 23,170/mt. At the end of trading, SHFE 1705 zinc fell slightly and closed at RMB 23,075/mt, up RMB 15/mt or 0.07%.

Trading volumes on SHFE 1705 zinc increased 53,818 to 230,000, and positions increased 3,510 to 193,000. TSHFE 1705 zinc is expected to test support from the 2-day moving average this evening.

LME Zinc prices

SHFE zinc prices

zinc prices

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After SHFE zinc prices rose, traders mostly took a wait-and-see attitude in the spot market, SMM reported.

Aug 30, 2017 18:18

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SHFE 1705 Zinc Closes with Small Gains (2017-4-6)

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