SHFE 1708 Zinc Closes with Gains (2017-6-15)

Published: Jun 15, 2017 19:19
SHFE 1708 zinc opened at RMB 21,025/mt today and then hovered around RMB 20,950/mt. In the afternoon, SHFE 1708 zinc rose to RMB 21,230/mt and then fell, and closed at RMB 21,135/mt, up RMB 245/mt or

SHANGHAI, Jun. 15 (SMM) – SHFE 1708 zinc opened at RMB 21,025/mt today and then hovered around RMB 20,950/mt. In the afternoon, SHFE 1708 zinc rose to RMB 21,230/mt and then fell, and closed at RMB 21,135/mt, up RMB 245/mt or 1.17%.

Trading volumes on SHFE 1708 zinc increased 41,842 to 620,000 lots, and positions decreased 6,804 to 283,000.

SHFE 1706 zinc opened at RMB 22180/mt, and closed at RMB 22,255/mt, with settlement price of RMB 22,220/mt. Deliveries were 27,300 mt. Trading volumes on SHFE 1706 zinc decreased 72,580 to 1,900 lots, and positions decreased 900 to 10,920.

and SHFE 1708 zinc narrowed RMB 555/mt to RMB 1,160/mt. SHFE 1708 zinc should hover around RMB 21,150/mt in the 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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