SHFE 1710 Zinc Falls from Highs (2017-8-11)

Price Review & Forecast 07:46PM Aug 11, 2017 Source:SMM

SHANGHAI, Aug. 11 (SMM) – SHFE 1710 zinc opened at RMB 24,200/mt today and then hovered around RMB 23,240/mt. With leaving of longs, SHFE 1710 zinc inched down to RMB 24,100/mt, and closed at RMB 23,955/mt, down RMB 510/mt or 2.08%. Trading volumes increased 91,300 to 652,000 lots, and positions decreased 11,714 to 243,000. SHFE 1710 zinc will hover around RMB 24,000/mt this evening. 

SHFE 1710 Zinc Falls from Highs (2017-8-11)

Price Review & Forecast 07:46PM Aug 11, 2017 Source:SMM

SHANGHAI, Aug. 11 (SMM) – SHFE 1710 zinc opened at RMB 24,200/mt today and then hovered around RMB 23,240/mt. With leaving of longs, SHFE 1710 zinc inched down to RMB 24,100/mt, and closed at RMB 23,955/mt, down RMB 510/mt or 2.08%. Trading volumes increased 91,300 to 652,000 lots, and positions decreased 11,714 to 243,000. SHFE 1710 zinc will hover around RMB 24,000/mt this evening.