SHFE 1708 Zinc Closes with Gains (2017-6-21)

Published: Jun 21, 2017 18:04
SHFE 1708 zinc opened at RMB 21,325/mt today and the fluctuated around RMB 21,430/mt.

SHANGHAI, Jun. 21 (SMM) – SHFE 1708 zinc opened at RMB 21,325/mt today and the fluctuated around RMB 21,430/mt. With shorts entering the market, SHFE zinc fell and fluctuated around RMB 21,370/mt and rallied with leaving of shorts and entry of longs, closing at RMB 21,450/mt, up RMB 60/mt or 0.28%.

Trading volumes on SHFE 1708 zinc increased 124,000 to 575,000 lots, and positions added 4,402 to 278,000. SHFE 1708 zinc may break through RMB 21,500/mt this 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
SHFE 1708 Zinc Closes with Gains (2017-6-21) - Shanghai Metals Market (SMM)