SHFE 1710 Zinc Closes with Gains (2017-8-25)

Published: Aug 25, 2017 19:42

Save

SHFE 1710 zinc opened at RMB 26,035/mt today.

SHANGHAI, Aug. 25 (SMM) – SHFE 1710 zinc opened at RMB 26,035/mt today. Prices rose at first and then dipped to RMB 25,885/mt, and rallied to RMB 26,005/mt. In the afternoon, SHFE 1710 zinc advanced to RMB 26,170/mt, and closed at RMB 26,200/mt, up RMB 270/mt or 1.04%. Trading volumes increased 16,530 to 375,000 lots, and positions decreased 1,692 to 275,000. SHFE 1710 zinc will hover around RMB 26,000/mt this evening.

LME Zinc prices SHFE zinc prices 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

2 hours ago

Weak Market Trading During the Week, Guangdong Premiums Continued to Decline [SMM Guangdong Spot Weekly Review]

[Weak Market Transactions During the Week, Guangdong Spot Premiums Continued to Decline] Zinc prices continued their upward trend this week, while downstream end-users in Guangdong showed weak purchasing interest. Coupled with the successive arrivals of some enterprises' long-term contract cargoes, market trading sentiment was sluggish, and spot premiums continued to decline......

2 hours ago

Order Demand Improved in Some Sectors, Zinc Oxide Operating Rates Rebounded Steadily [SMM Zinc Oxide Weekly Review]

[Order Demand Improved in Some Segments, and Zinc Oxide Operating Rates Rebounded Steadily] This week, the rise in zinc oxide operating rates was mainly due to generally strong orders at large plants, while improved orders at some enterprises also drove operating rates higher......

2 hours ago

Mixed Consumption Performance Across Market Segments; Die-Casting Zinc Alloy Operating Rates Are Expected to Decline Next Week [SMM Die-Casting Zinc Alloy Weekly Review]

[Consumption Performance Varied Across Market Segments, and Die-Casting Zinc Alloy Operating Rates Are Expected to Decline Next Week] From the order performance perspective, terminal hardware enterprises had already completed stockpiling at low price levels earlier, and demand was suppressed after prices rose recently. Overall, orders across various die-casting zinc alloy segments showed mediocre performance. Among them, zipper hardware was in the peak consumption season, and relatively solid demand was broadly in line with enterprise expectations......

2 hours ago