SHANGHAI, Aug. 15 (SMM) – SHFE 1710 zinc opened at RMB 24,080/mt today and then edged up to RMB 24,350/mt. With leaving of longs, SHFE 1710 zinc inched down to RMB 24,280/mt in the afternoon, and closed at RMB 24,260/mt, up RMB 195/mt or 0.81%. Trading volumes increased 34,516 to 529,000 lots, and positions increased 10,066 to 242,000. SHFE 1708 zinc was delivered today, with prices rising to RMB 24,500/mt after opening. Prices then advanced to RMB 24,740/mt, but fell back to RMB 24,550/mt later on, closing at RMB 24,545/mt, with settlement price of RMB 24,545/mt. Deliveries totaled 8,700 mt. Trading volumes decreased 4,120 to 2,160 lots, and positions decreased 660 to 3,480.
SHFE 1710 Zinc Rallies (2017-8-15)
SHFE 1710 zinc opened at RMB 24,080/mt today and then edged up to RMB 24,350/mt.
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.
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