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SHFE 1707 Zinc Closes with Losses (2017-5-8)
May 8,2017 19:28CST
price review forecast
Source:SMM
SHFE 1707 zinc opened at RMB 21,400/mt today and hovered around RMB 21,100/mt.

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. 

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