Ore supply tightness supports zinc prices; SHFE zinc consolidates and rebounds in the daytime session [SMM zinc futures review]
[Tight ore supply supports zinc prices, SHFE zinc consolidates and rebounds in daytime session] The daytime SHFE zinc 2611 contract opened at 26,145 yuan/mt, dipped to 26,100 yuan/mt in early trading, then drifted higher to touch a high of 26,310 yuan/mt, and finally settled at 26,300 yuan/mt, up 130 yuan/mt from the night session close, a gain of 0.50%. Trading volume decreased to 50,421 lots, while open interest increased by 1,560 lots to 125,000 lots......