[SMM Analysis: Review of Zinc Price Trends in January 2025 and Outlook for February]
As of January 27, the most-traded SHFE zinc contract closed at 23,655 yuan/mt, down 1,805 yuan/mt for the month, a decline of 7.09%. Zinc prices fell throughout January, peaking at 25,305 yuan/mt at the beginning of the month and hitting a low of 23,470 yuan/mt by month-end. Zinc prices showed a significant overall decline in January—can they rebound in February?...


![Zinc de Tianjin: Los precios del zinc repuntan, la demanda downstream se mantiene cautelosa [Comentario de mediodía de SMM]](https://imgqn.smm.cn/usercenter/tAyyp20251217171754.jpg)
