[SMM Morning Meeting Summary: Bears Pushing Down, LME Zinc Posted a Significant Bearish Candlestick] Overnight, LME zinc posted a major bearish candlestick, with its daily candlestick center dropping significantly, eclipsing multiple moving average supports in one move, and the KDJ gap widening downward. Overnight, bears entered the market to push down prices, leading to a continuous decline in LME zinc...

[SMM Morning Meeting Minutes: Zinc Prices Have Strong Support at the Bottom; Focus on LME Shipments to Delivery Warehouses] Overnight, LME zinc posted a small bearish candlestick, with the center of the daily candlestick moving higher. The upper Bollinger Bands upper band formed resistance above, and the KDJ opening expanded downward. Overnight, the US dollar was weak, providing bottom support for base metals, and the LME zinc backwardation structure......

[SMM Morning Meeting Minutes: Zinc Prices Fluctuate at Highs; Watch Changes in the LME Structure] Last Friday, LME zinc posted a small bullish candlestick, with various moving averages below providing support, while the upper Bollinger Bands’ upper band formed resistance above. Affected by the unexpected negative US monthly retail sales rate, a weaker US dollar, and the widening LME backwardation structure...

[SMM Zinc Morning Comment: China Continued Destocking, SHFE Zinc Center Moved Higher] Overnight, the most-traded SHFE zinc 2609 contract opened at 25,615 yuan/mt and consolidated along the daily average line in early trading. Subsequently, as bears reduced positions, the SHFE zinc center moved higher, touching a high of 25,730 yuan/mt near the close. The contract eventually closed up 125 yuan/mt, or 0.49%, at 25,675 yuan/mt. Trading volume fell to 38,315 lots, and open interest decreased by 1,840 lots to 104,000 lots.

[SMM Zinc Morning Meeting Summary: Macro Sentiment Fluctuated, LME Zinc Recorded a Doji]: Overnight LME zinc opened at $3,745/mt, briefly rose in early trading to a high of $3,758.5/mt, then declined all the way to a low of $3,697.5/mt during European trading hours, before losses narrowed in late trading and it finally closed flat at $3,745/mt. Trading volume increased to 11,288 lots, and open interest rose by 4,236 lots to 254,000 lots.

[SMM Zinc Morning Meeting Minutes: LME Inventory Continues Destocking, LME Zinc Center Moves Higher]: Overnight, LME zinc opened at $3,727.5/mt. It drifted lower in early trading, dipping to a low of $3,726/mt, then stopped falling and rebounded, touching a high of $3,786/mt during the night session. Gains narrowed in late trading, and it eventually closed higher at $3,745/mt, up $10.5/mt, or 0.28%. Trading volume fell to 10,364 lots, and open interest increased by 145 lots to 250,000 lots.