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Zinc Ingot Inventory Buildup Continues, SHFE Zinc Fluctuates at High Levels [SMM Zinc Futures Brief Review]

  • feb 24, 2025, at 5:19 pm
[Zinc Ingot Inventory Buildup Continues, SHFE Zinc Fluctuates at High Levels]: The most-traded SHFE zinc 2504 contract opened at 24,115 yuan/mt, surged immediately after the opening, then quickly declined, fluctuating considerably around the daily moving average. It hit a low of 23,915 yuan/mt during the midday session and ultimately closed down at 23,990 yuan/mt, a decrease of 140 yuan/mt or 0.58%. Trading volume increased to 86,975 lots, and open interest rose by 90 lots to 81,862 lots....
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