Arrivals bolster zinc social inventories in Shanghai, Tianjin, Guangdong

[SMM Flash] Kuwait Petroleum Corporation (KPC) set the June Kuwait Sulfur Price (KSP) at FOB $805/mt, up $40/mt from $765/mt in May.

[Komentar Pagi Seng SMM] Semalam, kontrak seng SHFE 2607 yang paling aktif diperdagangkan dibuka pada 24.860 yuan/ton. Pada awal sesi, seng SHFE melonjak naik dan menyentuh level tertinggi 24.995 yuan/ton. Selanjutnya, pihak bull mengambil untung dan keluar, menyebabkan harga turun dan mencapai level terendah 24.830 yuan/ton. Selama sesi, harga rebound di tengah penutupan posisi short, dan ditutup sedikit lebih tinggi mendekati garis rata-rata harian pada akhir sesi. Harga akhirnya ditutup naik pada 24.915 yuan/ton, naik 115 yuan/ton atau 0,46%. Volume perdagangan turun menjadi 50.122 lot, dan open interest berkurang 273 lot menjadi 101.000 lot.

[SMM Morning Meeting Minutes: LME Zinc Posted a Small Bearish Candlestick as Prices Saw Wild Swings]: Overnight, LME zinc opened at $3,598/mt. Early in the session, it quickly touched a high of $3,607.5/mt, before pulling back. By midday, LME zinc surged above the daily average line but pulled back again and dipped to $3,568/mt. After European trading began, LME zinc swung higher, recouping most of its losses, and finally closed down at $3,595/mt, down $8.5/mt, a decline of 0.24%. Trading volume fell to 85,820 lots, and open interest increased by 434 lots to 231,000 lots.