Fundamentals show both bullish and bearish factors, SHFE zinc consolidates at highs [SMM Zinc Futures Brief]
[Both bullish and bearish fundamentals exist, SHFE zinc consolidates at highs] The most-traded SHFE zinc 2611 contract opened at 26,705 yuan/mt. After the opening, SHFE zinc consolidated around the daily average, touching a high of 26,775 yuan/mt during the session, but then pulled back in the afternoon. SHFE zinc dipped to a low of 26,580 yuan/mt near the close, and finally closed down at 26,580 yuan/mt, down 95 yuan/mt, or 0.36%. Trading volume increased to 62,064 lots.....