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SHFE 1708 Zinc Extend Losses (2017-6-7)
Jun 7,2017 17:35
CSTprice review forecast
Source:SMM
SHFE 1708 zinc opened at RMB 20,740/mt today and fell fluctuated around RMB 20,700/mt.
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.
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