[SMM Morning Meeting Minutes: No Clear End Signal for Middle East Conflict, Zinc Price Center Shifts Downward] Overnight, LME zinc recorded a bearish candlestick, with the daily candlestick center shifting downward. With no clear end signal for the Middle East war, coupled with expectations of monetary tightening policies, the center of the LME zinc contract shifted downward.
May 28, 2026 08:54[SMM Morning Meeting Minutes: Bulls Exit, Zinc Prices Retreat After Rapid Rise] Overnight, LME zinc recorded a long upper shadow bearish candlestick, with the upper Bollinger Bands forming resistance above. Overnight LME zinc retreated after a rapid rise. On the macro front, renewed tensions in the Middle East intensified inflation concerns, and bulls exiting the market dragged zinc prices lower.
May 27, 2026 08:46[SMM Zinc Morning Meeting Minutes: US-Iran Negotiations Enter Final Stage, LME Zinc Rebounds from Lows]: Overnight, LME zinc opened at $3,513/mt. After the opening, LME zinc fluctuated upward throughout the session, touching a low of $3,499.5/mt early in the session and a high of $3,569.5/mt late in the session, ultimately closing up at $3,567.5/mt, up $56.5/mt or 1.61%, with trading volume increasing to 9,871 lots...
May 21, 2026 08:43[SMM Zinc Morning Meeting Minutes: US Dollar Index Continued to Strengthen, LME Zinc Retreated from Highs]: Last Friday, LME zinc opened at $3,589.5/mt, touched a high of $3,590/mt in early trading, then fluctuated downward, hitting an intraday low of $3,510/mt, before hovering at lows around the daily average line, ultimately closing lower at $3,538.5/mt...
May 18, 2026 08:53[SMM Morning Meeting Minutes: U.S.-Iran Tensions Remained Elevated, LME Zinc Under Pressure] Last Friday, LME zinc opened at $3,439/mt. In the early session, LME zinc fluctuated upward and touched $3,457/mt during European trading hours. Subsequently, bears increased their open interest, and LME zinc fluctuated downward throughout the session, hitting a low of $3,418/mt during the night session, ultimately closing down at $3,441/mt, a decline of $6/mt or 0.17%. Trading volume rose to 10,480 lots, and open interest increased by 3,121 lots to 240,000 lots.
May 11, 2026 08:58[SMM Morning Meeting Minutes: Overnight LME Zinc Recorded a Shaven-Head Bearish Candlestick with Daily Candlestick Center Shifting Downward] Overnight LME zinc recorded a shaven-head bearish candlestick, with the daily candlestick center shifting downward and the 5-day moving average forming resistance above. As increased uncertainty over the US-Iran conflict triggered inflation concerns, the US dollar strengthened, non-ferrous metals were overall in the doldrums, and bears
Apr 29, 2026 08:58[SMM Morning Meeting Minutes: U.S.-Iran Negotiations Reach Impasse, LME Zinc Center Shifts Lower] Overnight, the LME zinc contract recorded a long upper shadow bearish candlestick, with KDJ diverging downward. The 20-day moving average below provided support. U.S.-Iran negotiations reached an impasse, expectations of escalating conflict rose, base metals were under pressure overall, bulls mainly reduced positions and exited, and the center of zinc prices shifted lower.
Apr 28, 2026 08:56[SMM Morning Meeting Minutes: LME Inventory Continued to Decline, LME Zinc Fluctuated at Highs] Last Friday, LME zinc posted a small bullish candlestick, with the 5-day moving average providing support below. Last Friday, LME zinc fluctuated at highs. LME inventory continued to decline, and structural risks in LME Cash-3M persisted, providing strong support for LME zinc.
Apr 27, 2026 08:57[SMM Zinc Morning Meeting Summary: Ongoing Middle East Tensions, LME Zinc Trades in a Range]: Overnight, LME zinc opened at $3,468.5/mt. Early in the session, LME zinc touched a high of $3,474/mt before pulling back to near the daily average line in a volatile move. It then hovered at lows, with LME zinc hitting an intraday low of $3,428.5/mt, ultimately closing lower at $3,454/mt, down $12.5/mt or 0.36%. Trading volume decreased to 9,295 lots, while open interest rose by 1,971 lots to 231,000 lots...
Apr 24, 2026 08:39[SMM Zinc Morning Meeting Minutes: LME Zinc Ingot Inventory Continued to Decline, Zinc Prices Surged During the Day]: Overnight, LME zinc opened at $3,414.5/mt. After the opening, LME zinc dipped slightly, touching a low of $3,387.5/mt before quickly rising, reaching an intraday high of $3,454.5/mt. LME zinc then fluctuated at highs before pulling back, ultimately closing higher at $3,437/mt...
Apr 22, 2026 08:41