[SHFE Zinc Records Five Consecutive Declines; Zinc Prices Expected to Remain Volatile in the Short Term] The most-traded SHFE zinc 2511 contract opened at 21,950 yuan/mt. After opening, bears reduced their positions, and SHFE zinc fluctuated upward above the daily average line. Subsequently, bulls reduced their positions, and SHFE zinc continued to decline, testing a low of 21,880 yuan/mt. Toward the end of the session, bears reduced their positions, and SHFE zinc recovered some of its losses, ultimately closing down at 21,940 yuan/mt, a decrease of 75 yuan/mt, or 0.34%.....

[SMM Zinc Morning Comment] The most-traded SHFE zinc 2511 contract opened at 22,065 yuan/mt. At the start of the session, it quickly climbed to a high of 22,085 yuan/mt, then pulled back rapidly as bears increased their positions, touching a low of 21,925 yuan/mt. Subsequently, the contract attempted to rise above the daily average line but ultimately faced resistance and pulled back. Toward the end of the session, the price center fluctuated rangebound around 21,950 yuan/mt, finally closing down 70 yuan/mt at 21,945 yuan/mt.

[SMM Morning Meeting Summary: Price Bottom Still Has Some Support, LME Zinc Maintains Fluctuating Trend] Overnight, the LME zinc contract opened at $2,955/mt. At the beginning of the session, the price fluctuated downward, hitting a low of $2,926.5/mt, then the center gradually moved up, reaching a high of $2,976/mt. Toward the end of the session, LME zinc pulled back again, finally closing down at $2,940.5/mt, down $13/mt, a decrease of 0.44%. Open interest decreased to 119,000 lots, while open interest increased by 4,285 lots to 224,000 lots.

[SHFE Zinc Records Four-Day Losing Streak; Focus Shifts to Export and Domestic Demand Changes] The most-traded SHFE zinc 2511 contract opened at 22,020 yuan/mt. After opening, long and short positions competed, with the price center fluctuating rangebound around the daily average line, moving within a range of 90 yuan/mt. It finally closed down at 22,015 yuan/mt, falling 205 yuan/mt or 0.92%. Trading volume decreased to 121,000 lots, and open interest fell by 5,282 lots to 89,912 lots.....

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2511 contract opened lower with a gap at 22,020 yuan/mt. At the beginning of the session, bulls reduced their positions, pushing the price down to 21,915 yuan/mt. Subsequently, bears reduced their positions, leading to a rebound in SHFE zinc, which touched a high of 22,070 yuan/mt toward the end of the session. It finally closed down at 22,055 yuan/mt, falling 165 yuan/mt (a decline of 0.74%). Trading volume decreased to 66,972 contracts, and open interest dropped by 4,168 contracts to 91,026 contracts.

[SMM Morning Meeting Minutes: Overseas Inventories Slightly Increase Amid Trade Concerns, LME Zinc Center Edges Down] Overnight, LME zinc opened at $3,023.00/mt, initially fluctuating rangebound around the daily average. During European trading hours, bulls reduced positions, causing LME zinc to decline rapidly, touching a low of $2,911.5/mt before rebounding slightly. It finally closed down at $2,953.5/mt, falling $58.5/mt, a decrease of 1.94%. Trading volume increased to 224,000 lots, while open interest decreased by 1,344 lots to 220,000 lots.

[SHFE Zinc Center Pulls Back, Focus on Subsequent Consumption Performance] The most-traded SHFE zinc 2511 contract opened at 22,290 yuan/mt. After opening, SHFE zinc immediately touched a high of 22,335 yuan/mt, then fluctuated downward below the daily average line as bulls reduced positions. During this period, bears reduced positions in an attempt to push prices up, but ultimately encountered resistance and pulled back below the daily average line. The contract hit a low of 22,210 yuan/mt toward the close, and finally settled down at 22,220 yuan/mt, falling 35 yuan/mt, a decrease of 0.16%.....

[SMM Morning Meeting Minutes: Overseas Inventories Continue to Decline, LME Zinc Records a Bullish Candlestick] Overnight, LME zinc opened at $3,002.50/mt. At the beginning of the session, the price center rose to a high of $3,040.00/mt, then fluctuated downward to a low of $2,987.00/mt. It subsequently recovered losses and rose, but encountered resistance toward the end of the session and pulled back, ultimately closing up at $3,012.00/mt, an increase of $27.50/mt, or 0.92%. Trading volume rose to 141,000 lots, and open interest increased by 621 lots to 221,000 lots.

[SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2511 contract opened at 22,330 yuan/mt, hitting a high at the opening before bulls reduced positions, causing a rapid decline to a low of 22,235 yuan/mt. Subsequently, SHFE zinc rose to recover losses, and toward the end of the session, a tug-of-war between longs and shorts kept the price center fluctuating around 22,290 yuan/mt. It finally closed up at 22,285 yuan/mt, gaining 30 yuan/mt, or 0.13%. Trading volume decreased to 54,960 lots, while open interest fell by 2,031 lots to 99,668 lots.