SHANGHAI, Jun. 7 (SMM) – SHFE 1708 zinc opened at RMB 20,740/mt today and fell fluctuated around RMB 20,700/mt. In the afternoon, SHFE 1708 zinc rallied to RMB 20,500/mt and closed at RMB 20,540/mt, down RMB 315/mt or 1.51%.
Trading volumes on SHFE 1707 zinc increased 91,886 to 318,000 lots, and positions increased 28,950 to 225,000. SHFE 1707 zinc is expected to test support from RMB 20,500/mt this evening.