SHANGHAI, May 9 (SMM) – SHFE 1707 zinc opened at RMB 21,510/mt today and edged up to RMB 21,570/mt, and hovered around RMB 21,470/mt after entery of shorts. In the afternoon, SHFE 1707 zinc fluctuated around RMB 21,620/mt, and closed at RMB 21,655/mt, up RMB 435/mt or 2.05%.
Trading volumes on SHFE 1707 zinc decreased 74,816 to 307,000 lots, and positions added 1,060 to 261,000.

![Shanghai Zinc: Futures zinc price consolidates, spot premiums hold steady [SMM Midday Comment]](https://imgqn.smm.cn/usercenter/CGlrd20251217171755.jpg)
![Ningbo Zinc: Traders Sell in a Laid-Back Manner, Spot Zinc Premiums Hold Steady [SMM Midday Review]](https://imgqn.smm.cn/usercenter/nGzXc20251217171754.jpg)
