SHFE 1708 Zinc Closes with Gains (2017-6-16)

Published: Jun 16, 2017 20:25

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SHFE 1708 zinc opened at RMB 21,085/mt today and reached RMB 21,300/mt.

SHANGHAI, Jun. 16 (SMM) – SHFE 1708 zinc opened at RMB 21,085/mt today and reached RMB 21,300/mt. With longs leaving the market after profit-taking, SHFE zinc fell and stopped falling around RMB 21,220/mt. In the afternoon, SHFE 1708 zinc dropped further and closed at RMB 21,140/mt, up RMB 85/mt or 0.4%.

Trading volumes on SHFE 1708 zinc decreased 102,000 to 518,000 lots, and positions increased 1,408 to 285,000. SHFE 1708 zinc should hover at current levels in the evening.

LME Zinc prices SHFE zinc prices zinc prices

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