SHFE 1710 Zinc Closes with Declines (2017-8-28)-Shanghai Metals Market

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SHFE 1710 Zinc Closes with Declines (2017-8-28)

Price Review & Forecast 07:52:09PM Aug 28, 2017 Source:SMM

SHANGHAI, Aug. 28 (SMM) – SHFE 1710 zinc opened at RMB 25,520/mt today and hovered around RMB 25,620/mt. In the afternoon, longs entered the market, driving up SHFE 1710 zinc to RMB 25,800/mt, and closing at RMB 25,830/mt, down RMB 370/mt or 1.41%. Trading volumes increased 42,568 to 417,000 lots, and positions decreased 11,022 to 264,000. SHFE 1710 zinc will hover between the 5- and 10-day moving average this evening. 

 

SHFE 1710 Zinc Closes with Declines (2017-8-28)

Price Review & Forecast 07:52:09PM Aug 28, 2017 Source:SMM

SHANGHAI, Aug. 28 (SMM) – SHFE 1710 zinc opened at RMB 25,520/mt today and hovered around RMB 25,620/mt. In the afternoon, longs entered the market, driving up SHFE 1710 zinc to RMB 25,800/mt, and closing at RMB 25,830/mt, down RMB 370/mt or 1.41%. Trading volumes increased 42,568 to 417,000 lots, and positions decreased 11,022 to 264,000. SHFE 1710 zinc will hover between the 5- and 10-day moving average this evening.