Bulls Took Profits and Exited, SHFE Zinc Declined [SMM SHFE Zinc Brief Review]
[Bulls Take Profits and Exit, SHFE Zinc Declines] The most-traded SHFE zinc 2607 contract opened at 25,055 yuan/mt. At the beginning of the session, bulls reduced their open interest, and SHFE zinc fluctuated downward throughout the day, hitting a low of 24,770 yuan/mt near the close, ultimately settling down at 24,800 yuan/mt, a decline of 350 yuan/mt or 1.39%. Trading volume fell to 134,000 lots, and open interest decreased by 10,337 lots to 101,000 lots.