Today, the most active SHFE 2311 zinc contract prices opened at 21560 yuan/mt before closing at 21200 yuan/mt, down 665 yuan/mt or 3.04%. Trading volume increased 112,000 and stood at 228,000 lots, and open interest decreased 11153 and were 109,000 lots.
The International Lead and Zinc Study Group (ILZSG) stated that due to lower-than-expected global demand growth in 2023, the zinc market will have a surplus of 248,000 tons. Market risk aversion has sharply increased.
![Zinc de Tianjin: Los precios del zinc repuntan, la demanda downstream se mantiene cautelosa [Comentario de mediodía de SMM]](https://imgqn.smm.cn/usercenter/tAyyp20251217171754.jpg)
![Zinc de Guangdong: El centro de futuros sube, el mercado al contado sigue tranquilo [Comentario de mediodía de SMM]](https://imgqn.smm.cn/usercenter/XrnKf20251217171755.jpg)
![Zinc de Shanghái: Reaparece el temor de los compradores a los precios altos y el ánimo de negociación en el mercado es débil [Comentario de mediodía de SMM]](https://imgqn.smm.cn/usercenter/kdRPs20251217171754.jpg)
