SHFE 1708 Zinc Closes Higher (2017-6-9)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Zinc
  • Production data
  • Market commentary
  • Macroeconomics
  • Morning comments
  • Futures movement
  • NPI
  • Copper
  • Aluminium
  • Nickel
  • Nickel ore
  • In the United States
  • trade negotiations
  • nickel laterite

SHFE 1708 Zinc Closes Higher (2017-6-9)

Price Review & Forecast 08:04:35PM Jun 09, 2017 Source:SMM

SHANGHAI, Jun. 9 (SMM) – SHFE 1708 zinc opened at RMB 20,980/mt today and then hovered around RMB 21,050/mt. In the afternoon, SHFE 1708 zinc edged up and hovered around RMB 21,110/mt and closed at RMB 21,075/mt, up RMB 370/mt or 1.79%.

Trading volumes on SHFE 1707 zinc decreased 47,112 to 375,000 lots, and positions increased 4,954 to 256,000. The price spread between SHFE 1706 zinc and SHFE 1708 zinc was RMB 1,845/mt. 

SHFE 1708 Zinc Closes Higher (2017-6-9)

Price Review & Forecast 08:04:35PM Jun 09, 2017 Source:SMM

SHANGHAI, Jun. 9 (SMM) – SHFE 1708 zinc opened at RMB 20,980/mt today and then hovered around RMB 21,050/mt. In the afternoon, SHFE 1708 zinc edged up and hovered around RMB 21,110/mt and closed at RMB 21,075/mt, up RMB 370/mt or 1.79%.

Trading volumes on SHFE 1707 zinc decreased 47,112 to 375,000 lots, and positions increased 4,954 to 256,000. The price spread between SHFE 1706 zinc and SHFE 1708 zinc was RMB 1,845/mt.