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Home / Metal News / SHFE 1709 Zinc Finishes Lower (2017-7-20)

SHFE 1709 Zinc Finishes Lower (2017-7-20)

iconJul 20, 2017 17:51
Source:SMM
SHFE 1709 zinc opened at RMB 22,685/mt today and then hovered around RMB 22,700/mt.

SHANGHAI, Jul. 20 (SMM) – SHFE 1709 zinc opened at RMB 22,685/mt today and then hovered around RMB 22,700/mt. With exodus of shorts, SHFE 1709 zinc strengthened to RMB 22,760/mt. In the afternoon, SHFE 1709 zinc weakened with leaving of longs and closed at RMB 22,820/mt, down RMB 95/mt or 0.41%. Trading volumes on SHFE 1708 zinc increased 141,000 to 622,000 lots, and positions decreased 18,900 to 271,000. SHFE 1709 zinc is expected to fluctuate around RMB 22,800/mt this evening. 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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