SHFE 1708 Zinc Closes with Gains (2017-6-19)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Market commentary
  • Production data
  • Macroeconomics
  • Aluminium
  • Morning comments
  • Futures movement
  • Mengtai Group
  • Copper
  • Stainless steel
  • Nickel
  • In the United States
  • trade negotiations

SHFE 1708 Zinc Closes with Gains (2017-6-19)

Price Review & Forecast 07:28:09PM Jun 19, 2017 Source:SMM

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. 

SHFE 1708 Zinc Closes with Gains (2017-6-19)

Price Review & Forecast 07:28:09PM Jun 19, 2017 Source:SMM

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.