SHFE 1705 Zinc Closes with Losses (2017-4-10)

Published: Apr 10, 2017 18:20

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SHFE 1705 zinc opened at RMB 22,270/mt today, and then fell to RMB 22,050/mt, dipping to RMB 21,950/mt. In the afternoon, SHFE 1705 zinc edged up due to entry of longs and moved around RMB 22,190/mt a

SHANGHAI, Apr. 10 (SMM) – SHFE 1705 zinc opened at RMB 22,270/mt today, and then fell to RMB 22,050/mt, dipping to RMB 21,950/mt. In the afternoon, SHFE 1705 zinc edged up due to entry of longs and moved around RMB 22,190/mt and closed at RMB 22,035/mt, down RMB 535/mt or 2.37%.

Trading volumes on SHFE 1705 zinc increased 12,578 to 558,000, and positions added 30,282 to 257,000. TSHFE 1705 zinc is expected to test support from RMB 22,000/mt this evening.

LME Zinc prices SHFE zinc prices zinc prices

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