SHANGHAI, May 8 (SMM) – SHFE 1707 zinc opened at RMB 21,400/mt today and hovered around RMB 21,100/mt. As shorts left the market in the afternoon, zinc rallied to RMB 21,210/mt. SHFE 1707 zinc closed at RMB 21,230/mt, down RMB 80/mt or 0.38%.
Trading volumes on SHFE 1707 zinc increased 159,000 to 382,000 lots, and positions added 18,004 to 260,000. SHFE 1707 zinc is expected to hover around RMB 21,200/mt this evening.