SHFE Zinc Price Up 2.35% (2017-7-12)

Published: Jul 12, 2017 18:17

Save

SHFE 1709 zinc opened at RMB 23,280/mt and closed at RMB 22,330/mt, up RMB 535/mt or 2.35%.

SHANGHAIM, Jul. 12 (SMM) – On Wednesday, SHFE 1709 zinc opened at RMB 23,280/mt and then fluctuated at around RMB 23,270/mt, up to as high as RMB 23,410/mt. During the afternoon trading, the contract fell to RMB 23,180/mt with longs taking profits, and rallied before closing at RMB 22,330/mt, up RMB 535/mt or 2.35%. Positions increased 19,222 to 304,000 and trading volumes rose 47,204 to 552,000 lots.

SHFE 1709 zinc will remain in upward track on Wednesday’s night trading.

SHFE zinc LME zinc zinc prices

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

Related News

4 hours ago

The "Golden March" Peak Season Is Gradually Expected to Materialize. [SMM Analysis]

As expectations for the peak-season demand in the “Golden March” gradually begin to materialize, galvanizing operating rates are rising. Can downstream consumption sustain its peak-season performance going forward?

4 hours ago

6 hours ago

Data: SHFE, DCE market movement (Mar 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 23 Mar , 2026

6 hours ago

13 hours ago

Macro Factors Continued to Weigh on the Nonferrous Metals Trend, and LME Zinc Remained Under Pressure [SMM Zinc Morning Meeting Summary]

[SMM Zinc Morning Meeting Summary: Macro Factors Continued to Weigh on Base Metals Trends, LME Zinc Came Under Pressure]: Last Friday, LME zinc opened at $3,089.5/mt. After the opening, LME zinc fluctuated at highs, reaching an intraday high of $3,114.5/mt, and then fluctuated downward all the way, touching a low of $3,039/mt near the close...

13 hours ago