SHFE zinc moves sideways after its center shifts upward, supported by LME gains and domestic destocking [SMM zinc futures review]
[LME gains and China destocking support SHFE zinc, which moves sideways after its center shifts upward] The daytime session of the SHFE zinc 2611 contract opened at 26,560 yuan/mt, dipped to 26,510 yuan/mt during the session, touched a high of 26,640 yuan/mt in the afternoon, then pulled back to consolidate and closed at 26,565 yuan/mt, down 25 yuan/mt from the night session close, a decline of 0.09%. Trading volume decreased to 53,498 lots, while open interest increased by 2,418 lots to 130,000 lots......