SHFE 1707 Zinc Closes with Losses (2017-5-12)

Published: May 12, 2017 18:27
SHFE 1707 zinc opened at RMB 21,515/mt today and rose to RMB 21,530/mt.

SHANGHAI, May 12 (SMM) – SHFE 1707 zinc opened at RMB 21,515/mt today and rose to RMB 21,530/mt. In the afternoon, SHFE 1707 zinc rose to RMB 21,640/mt, and hovered around RMB 21,630/mt, and closed at RMB 21,610/mt, down RMB 85/mt or 0.39%.

Trading volumes on SHFE 1707 zinc increased 66,932 to 448,000 lots, and positions added 18,754 to 270,000. SHFE 1707 zinc is expected to fluctuate around RMB 21,600/mt this evening. 

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.

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SHFE 1707 Zinc Closes with Losses (2017-5-12) - Shanghai Metals Market (SMM)