SMM Flash News: SHFE Zinc 2507 Contract Closes Down 0.36% Amid Increased Supply Pressures

Published: Jun 10, 2025 15:16
【SMM Flash News】The most-traded SHFE zinc 2507 contract opened at 21,930 yuan/mt. Early in the session, SHFE zinc reached a high of 21,930 yuan/mt, then fluctuated rangebound around the daily average line. It hit a low of 21,760 yuan/mt during the session, eventually closing down at 21,845 yuan/mt, down 80 yuan/mt or 0.36%. Trading volume increased to 85,466 lots, while open interest decreased by 307 lots to 135,000 lots. SHFE zinc recorded a bearish candlestick, with the lower Bollinger Band forming resistance. Zinc concentrate TCs for June continued to rise, and smelter production is expected to increase significantly MoM. Supply-side pressures persist, while demand-side conditions also remain weak. During the day, SHFE zinc maintained a low-level operatio

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn