The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:  

Domestic Inventory Recorded an Increase, SHFE Zinc Fluctuated [SMM Zinc Futures Brief Review]

  • Mar 27, 2025, at 5:25 pm
Domestic Inventory Records Increase, SHFE Zinc Fluctuates: The most-traded SHFE zinc 2505 contract opened at 24,145 yuan/mt. At the beginning of the session, bulls and bears were intertwined, and SHFE zinc fluctuated, reaching a high of around 24,150 yuan/mt. Subsequently, bulls exited the market, and the center of SHFE zinc declined to around 24,100 yuan/mt, where it consolidated. It finally closed down at 24,105 yuan/mt, a decrease of 50 yuan/mt, or 0.21%. The trading volume dropped to 138,000 lots, and the open interest decreased by 5,795 lots to 119,000 lots.
SMM March 27 News: The most-traded SHFE zinc 2505 contract opened at 24,145 yuan/mt. At the beginning of the session, the market was mixed with both bulls and bears, and SHFE zinc fluctuated. During the session, it touched a high of around 24,150 yuan/mt, but later, as longs exited, the center of SHFE zinc moved down to around 24,100 yuan/mt, where it consolidated. It finally closed down at 24,105 yuan/mt, a decrease of 50 yuan/mt, or 0.21%. The trading volume dropped to 138,000 lots, and the open interest decreased by 5,795 lots to 119,000 lots. SHFE zinc recorded a small positive candle. According to SMM communication, as of Thursday, March 27, the total zinc ingot inventory in seven regions monitored by SMM was 130,000 mt, a decrease of 1,000 mt compared to March 20, but an increase of 1,100 mt compared to March 24, indicating a rise in domestic inventory. However, consumption has not shown significant improvement, and SHFE zinc maintained a fluctuating trend, with expectations of continued fluctuations in the evening. 》Order to view SMM metal spot historical prices
  • Selected News
  • Zinc
Live chat via WhatsApp
Help us know your opinions in 1minutes.