SHANGHAI, Jun. 30 (SMM) – SHFE 1708 zinc opened at RMB 22,560/mt today and then plunged with longs fleeing from the market, and stopped falling around RMB 22,420/mt. Shorts lacked confidence due to strong ferrous metals, and retreated from the market with profit-taking. This helped zinc surge all the way through the end of trading. SHFE zinc closed at RMB 22,745/mt, up RMB 175/mt or 0.78%.
Trading volumes on SHFE 1708 zinc decreased 22,502 to 503,000 lots, and positions decreased 11,396 to 245,000. SHFE 1708 zinc will hover at highs this evening.
![El índice del dólar estadounidense se mantiene alto y sigue presionando al zinc del LME mientras el centro de precios se desplaza a la baja [Resumen de la reunión matutina sobre zinc de SMM]](https://imgqn.smm.cn/usercenter/CGlrd20251217171755.jpg)
![Los fundamentos muestran factores tanto alcistas como bajistas, el zinc de la SHFE continúa consolidándose [Comentario matutino sobre el zinc de SMM]](https://imgqn.smm.cn/usercenter/qTzTI20251217171754.jpg)
![[Zinc Weekly Review] SHFE Zinc Rebounds from Lows as Tight Ore Supply Offsets Pressure from US Fed Rate Hike Expectations and Weaker LME](https://imgqn.smm.cn/usercenter/eyxqF20251217171756.jpg)
