SMM Flash News: SHFE Zinc 2507 Contract Closes Up Slightly Despite Mixed Trading Dynamics

Published: Jun 6, 2025 19:46

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[SMM Flash News] The most-traded SHFE zinc 2507 contract opened at 22,260 yuan/mt. In the early session, bulls reduced their positions, and SHFE zinc fluctuated upward above the daily average line. Towards the end of the session, bulls increased their positions, pushing SHFE zinc to a high of 22,415 yuan/mt. It eventually closed up at 22,385 yuan/mt, up 45 yuan/mt or 0.20%. Trading volume increased by 174,000 lots, while open interest decreased by 4,939 lots to 120,000 lots. Currently, demand in some sectors is gradually weakening, and the characteristics of the seasonal off-season in consumption are becoming increasingly prominent. Meanwhile, expectations of loose supply conditions still persist. It is expected that zinc prices will remain in the doldrums in the short term. Attention can be paid to the performance of non-farm payrolls data in the evening.

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