SMM

[SHFE Zinc Records a Bearish Candle, May Maintain Fluctuating Trend in the Short Term]: SMM, February 19 – The most-traded SHFE zinc 2503 contract opened at 23,995 yuan/mt. In early trading, SHFE zinc fluctuated along the daily moving average. Subsequently, as bulls reduced positions, SHFE zinc fluctuated downward below the daily moving average, hitting a low of 23,865 yuan/mt. It then slightly recovered its losses and finally closed higher at 23,925 yuan/mt, up 45 yuan/mt or 0.19%. Trading volume decreased to 79,913 lots, and open interest fell by 4,110 lots to 67,758 lots...