[SMM Flash News] The most-traded SHFE zinc 2507 contract opened at

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NewsFlash / Zinc / SMM Flash News: SHFE Zinc 2507 Contract Closes Up 0.39% Amid Fluctuations

SMM Flash News: SHFE Zinc 2507 Contract Closes Up 0.39% Amid Fluctuations

Jun 12, 2025 17:13

Source:SMM

[SMM Flash News] The most-traded SHFE zinc 2507 contract opened at 22,030 yuan/mt. After the opening, SHFE zinc weakened slightly, dipping to 21,965 yuan/mt, before fluctuating upward, reaching a high of 22,130 yuan/mt during the midday session. Subsequently, SHFE zinc pulled back again to near the daily average line, eventually closing up at 22,085 yuan/mt, up 85 yuan/mt or 0.39%. Trading volume increased to 70,108 lots, while open interest decreased by 4,464 lots to 121,000 lots. SHFE zinc recorded a bullish candlestick, with the 5-day moving average providing support below. On Thursday, SMM zinc ingot inventory decreased by 4,600 mt to 77,100 mt. Low inventory continued to support zinc prices, but bearish sentiment persisted in the market, with SHFE zinc maintaining a fluctuating trend.

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