SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Macro Disturbances Persist, SHFE Zinc Center Shifts Up Significantly [SMM Zinc Futures Brief Review]

Macro Disturbances Persist, SHFE Zinc Center Shifts Up Significantly [SMM Zinc Futures Brief Review]

iconJan 28, 2026 16:22
[Macro Disturbances Persist, SHFE Zinc Center Significantly Shifts Upwards] The most-traded SHFE zinc 2603 contract opened at 25,165 yuan/mt. After opening, bulls exerted force, continuously pushing SHFE zinc higher, and it touched a high of 25,640 yuan/mt towards the end of the session, finally settling up at 25,605 yuan/mt, an increase of 580 yuan/mt, a gain of 2.32%. Trading volume increased to 162,000 lots, and open interest increased by 433 lots to 118,000 lots.....

SMM January 28 news:

       The most-traded SHFE zinc 2603 contract opened at 25,165 yuan/mt. After opening, bulls drove SHFE zinc to continuously rise, reaching a high of 25,640 yuan/mt towards the end of the session, and finally closed up at 25,605 yuan/mt, an increase of 580 yuan/mt, or 2.32%. Trading volume increased to 162,000 lots, and open interest rose by 433 lots to 118,000 lots. Although domestic fundamentals performed moderately and end-use consumption gradually weakened, recent international geopolitical tensions remained, with significant macro uncertainties and high capital concentration, SHFE zinc maintained a strong trend.

 

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.Zinc Oxide Project Feasibility Analysis
2.Zinc Recovery Industry Study
3.Feasibility Study Of Investing a Lead-Zinc Ore Mining Smelting Project In Indonesia
4.Zinc Resources Industry Development Research
5.Zinc Industry Value Chain And Related 3 Hot Topics
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2026 SMM Information & Technology Co., Ltd. All rights reserved.