Downstream consumption shows mediocre performance; SHFE zinc remains in the doldrums [SMM Zinc Futures Briefing]
[Downstream consumption mediocre, SHFE zinc in the doldrums] The most-traded SHFE zinc 2611 contract opened at 25,950 yuan/mt. After the open, SHFE zinc consolidated, hitting an intraday high of 25,950 yuan/mt in early trading and a low of 25,715 yuan/mt near the close, before settling down at 25,730 yuan/mt, down 250 yuan/mt or 0.96%. Trading volume increased to 68,235 lots, while open interest fell by 2,871 lots to 97,926 lots.....