SHANGHAI, May 25 (SMM) – LME zinc closed lower after 3-day winning streak, and found support from the 5- and 40-week moving averages. The market will continue to absorb news that the Fed will dial back balance sheet slowly, and stay cautious. LME zinc will move between USD 2,610-2,660/mt today. SHFE 1707 zinc will fluctuate between RMB 22,200-22,500/mt, with spot prices RMB 260-350/mt above SHFE 1706 zinc.

![Lutte acharnée entre acheteurs et vendeurs, les prix du zinc fluctuent principalement dans une fourchette [Commentaire matinal SMM sur le zinc]](https://imgqn.smm.cn/usercenter/cirme20251217171754.jpg)
![La structure du LME recule par étapes, le centre du zinc du LME s'oriente légèrement à la baisse [Résumé de la réunion matinale SMM]](https://imgqn.smm.cn/usercenter/EMwoI20251217171753.jpg)
