SHANGHAI, Oct. 19 (SMM) – SHFE 1512 zinc contract prices opened at RMB 14,530/mt last Thursday evening, and closed at RMB 14,535/mt, down RMB 30/mt. Trading volumes were 122,966 lots, and total positions increased 586 to 166,454. SHFE 1512 zinc contract prices closed at RMB 14,395/mt on Friday, down RMB 165/mt. Trading volumes were 299,172 lots. Total positions were 166,444.
#0 zinc prices were between RMB 14,520-14,600/mt, RMB 60-110/mt above SHFE 1512 zinc contract prices. #1 zinc traded at RMB 14,450-14,470/mt. Imported zinc prices ranged from RMB 10/mt below to RMB 50/mt above SHFE 1512 zinc contract prices. Zinc prices rose slightly after opening but edged down during 10:30-11:30 am.. Smelters sold goods while hedge traders also released goods, with imported goods supply growing. Downstream buyers purchased modestly, with overall transactions thin. Traded prices were between RMB 14,530-14,550/mt in the afternoon.

![The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/WWXJU20251217171753.jpg)
![The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)
