[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...
Aug 19, 2026 08:42[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......
Aug 18, 2026 08:53[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...
Aug 17, 2026 09:00[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.
Aug 14, 2026 08:59[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.
Aug 14, 2026 08:57[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.
Aug 13, 2026 08:52[SMM Zinc Morning Brief: Low LME inventory keeps LME zinc consolidating at highs]: Overnight LME zinc opened at $3,737/mt, drifted lower at the start to a low of $3,708.5/mt, then stopped falling and rebounded to a high of $3,752/mt. Gains narrowed in late trading, and it finally closed at $3,734.5/mt, down $1/mt, or 0.03%. Trading volume decreased to 10,410 lots, and open interest rose by 2,790 lots to 250,000 lots.
Aug 12, 2026 09:21[SMM Zinc Morning Meeting Minutes: LME Inventory Still Low, LME Zinc Consolidates at Highs]: Overnight, LME zinc opened at $3,711/mt, drifted lower in early trading, and hit a low of $3,687/mt during European trading hours. Then, as bears reduced their positions, LME zinc drifted higher, reaching a night session high of $3,745.5/mt, and finally closed up at $3,735.5/mt, gaining $37.5/mt or 1.01%. Trading volume dropped to 11,048 lots, and open interest decreased by 6,595 lots to 247,000 lots.
Aug 11, 2026 08:54[SMM Zinc Morning Meeting Summary: Non-farm Payrolls Data Missed Expectations, LME Zinc Center Shifted Lower]: Last Friday, LME zinc opened at $3,764/mt. At the beginning of the session, LME zinc briefly rose to hit a high of $3,798/mt, then bears added positions, and LME zinc drifted lower all the way, dipping to a low of $3,697/mt near the close. It ended down at $3,698/mt, falling $71.5/mt, a decline of 1.9%. Trading volume fell to 14,673 lots, and open interest increased by 5,089 lots to 254,000 lots.
Aug 10, 2026 08:59[SMM Zinc Morning Summary: LME Zinc Center Continues to Move Higher, Watch Subsequent Non-farm Payrolls Data]: Overnight, LME zinc opened at $3,750/mt, after the opening LME zinc consolidated, during which it dipped to $3,717.5/mt, then smoothly rallied in the session, touching a high of $3,803/mt before pulling back to near the daily average line, finally closed up at $3,769.5/mt, up $24/mt...
Aug 7, 2026 08:33