LME Zinc Retreats from Highs amid Long Position Reduction, SHFE Zinc Moves Lower【SMM Zinc Futures Review】
【LME Zinc Retreats from Highs amid Long Position Reduction, SHFE Zinc Moves Lower】The most-traded SHFE zinc 2610 contract opened at 25,440 yuan/mt during the daytime session. After briefly rising to 25,455 yuan/mt in early trading, prices weakened amid fluctuations, with the trading range shifting lower. In the afternoon, the contract fell to an intraday low of 25,260 yuan/mt before recovering slightly at lower levels. It eventually closed lower at 25,325 yuan/mt, down 100 yuan/mt or 0.39%...