SHFE 1708 Zinc Ups Further (2017-6-28)-Shanghai Metals Market

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SHFE 1708 Zinc Ups Further (2017-6-28)

Price Review & Forecast 05:41:33PM Jun 28, 2017 Source:SMM

SHANGHAI, Jun. 28 (SMM) – SHFE 1708 zinc opened at RMB 22,545/mt today and then fell with leaving longs, and hovered around RMB 22,450/mt. In the afternoon, SHFE zinc was boosted by LME zinc, and closed at RMB 22,580/mt, up RMB 460/mt or 2.08%.

Trading volumes on SHFE 1708 zinc increased 37,810 to 563,000 lots, and positions decreased 4,026 to 263,000. SHFE 1708 zinc will look for support from RMB 22,500/mt this evening. 

SHFE 1708 Zinc Ups Further (2017-6-28)

Price Review & Forecast 05:41:33PM Jun 28, 2017 Source:SMM

SHANGHAI, Jun. 28 (SMM) – SHFE 1708 zinc opened at RMB 22,545/mt today and then fell with leaving longs, and hovered around RMB 22,450/mt. In the afternoon, SHFE zinc was boosted by LME zinc, and closed at RMB 22,580/mt, up RMB 460/mt or 2.08%.

Trading volumes on SHFE 1708 zinc increased 37,810 to 563,000 lots, and positions decreased 4,026 to 263,000. SHFE 1708 zinc will look for support from RMB 22,500/mt this evening.