SHANGHAI, Jun. 19 (SMM) – SHFE 1708 zinc opened at RMB 21,105/mt today and dipped to RMB 20,960/mt. With shorts leaving the market, SHFE zinc rose to RMB 21,305/mt and closed at RMB 21,260/mt, up RMB 125/mt or 0.59%.
Trading volumes on SHFE 1708 zinc increased 5,176 to 523,000 lots, and positions decreased 9,756 to 275,000. SHFE 1708 zinc should hover at current levels in the evening.