Market Rumors Suggest "Short Squeeze" Trend May Continue Until Year-End? How Strong Is the Fundamental Support for Zinc?
As delivery approaches, the total open interest of SHFE zinc increased from 317,000 contracts at the beginning of the week to 343,000 contracts. Bullish funds poured in again. Although the price spread between near-month contracts has declined, it remains high at around 400 yuan/mt.

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![Zinco em Guangdong: Centro de futuros sobe, mercado à vista permanece calmo [comentário do meio-dia da SMM]](https://imgqn.smm.cn/usercenter/XrnKf20251217171755.jpg)
