Domestic inventory continues to increase, SHFE zinc records a bearish candlestick [SMM Zinc Futures Brief Commentary]
[Domestic inventory continues to increase, SHFE zinc records a bearish candlestick] The most-traded SHFE zinc 2604 contract opened at 24,675 yuan/mt. After opening, bears increased positions, pushing SHFE zinc down below the daily average line to a low of 24,455 yuan/mt. During the session, bulls increased positions, driving SHFE zinc up, and it ended trading near the daily average line, closing down at 24,570 yuan/mt, a decrease of 105 yuan/mt (0.43%). Trading volume rose to 54,512 lots, and open interest increased by 1,645 lots to 92,762 lots.