SHFE 1707 Zinc Closes with Gains (2017-5-23)

Published: May 23, 2017 17:57
SHFE 1707 zinc opened at RMB 22,270/mt today and then hovered around RMB 22,240/mt, and fell to RMB 22,340/mt, closing at RMB 22,370/mt, up RMB 220/mt or 0.99%.

SHANGHAI, May 23 (SMM) – SHFE 1707 zinc opened at RMB 22,270/mt today and then hovered around RMB 22,240/mt, and fell to RMB 22,340/mt, closing at RMB 22,370/mt, up RMB 220/mt or 0.99%.

Trading volumes on SHFE 1707 zinc increased 396,000 to 594,000 lots, and positions added 3,734 to 307,000. The price spread between SHFE 1706 and SHFE 1707 zinc is RMB 465/mt.

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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