Market Rumors Suggest "Short Squeeze" Trend May Continue Until Year-End? How Strong Is the Fundamental Support for Zinc?
As delivery approaches, the total open interest of SHFE zinc increased from 317,000 contracts at the beginning of the week to 343,000 contracts. Bullish funds poured in again. Although the price spread between near-month contracts has declined, it remains high at around 400 yuan/mt.

![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)
