【Domestic Favorable Policies Boost Shanghai Zinc Prices】: The main Shanghai zinc contract 2411 opened at 24,435 yuan/ton, with a mixed sentiment at the beginning of the session, fluctuating around 24,430 yuan/ton. Subsequently, following the news of favorable domestic policies, Shanghai zinc prices soared, breaking through the daily moving average and reaching a high of 24,805 yuan/ton towards the close. It eventually closed at 24,710 yuan/ton, up 225 yuan/ton or 0.92% from the previous close. Trading volume increased to 2.2 million lots, while open interest decreased by 405 lots to 113,000 lots. Shanghai zinc recorded a positive candlestick...

[Shanghai Zinc: Prices Soar but Market Trading Remains Subdued] Today's mainstream transaction prices for 0# zinc are concentrated at 24,630~24,880 yuan/ton, with Shuangyan trading at 24,880~25,120 yuan/ton, and 1# zinc transacting at 24,560~24,810 yuan/ton. In the morning session, the average price of tickets for the current month in the market was discounted by 20~30 yuan/ton, and there were no follow-up base price quotes, resulting in overall weak trading...

【Strengthening US Dollar Pressures Shanghai Zinc Downwards】: The main 2411 contract of Shanghai zinc opened at 23,665 yuan/ton. With short positions increasing at the beginning of the session, Shanghai zinc fluctuated downward all the way, hitting a low of 23,455 yuan/ton at the end of the session, and finally closed at 23,480 yuan/ton, down 530 yuan/ton or 2.21%. Trading volume increased to 1.51 million contracts, and open interest increased by 1,525 contracts to 102,000 contracts. Shanghai zinc recorded a large bearish candlestick...

【Fed Cuts Interest Rates by 50 Basis Points, Leading to a Sharp Rise in Shanghai Zinc Prices】: The main 2411 contract of Shanghai zinc opened at 23,750 yuan/ton. After the opening, Shanghai zinc prices rapidly declined to a low of 23,540 yuan/ton, then rebounded from the low and rallied continuously, reaching a high of 24,075 yuan/ton at the end of the session. The contract finally closed up at 24,075 yuan/ton, up 235 yuan/ton or 0.99%...

[Macro Sentiment Turns Bearish, Shanghai Zinc Price Shifts Downwards]: The main 2410 contract of Shanghai zinc opened at 23,900 yuan/ton. With long positions being reduced at the beginning of the session, Shanghai zinc prices fluctuated downwards all the way, hitting a low of 23,615 yuan/ton towards the end of the session. It finally closed at 23,630 yuan/ton, down 410 yuan/ton or 1.71%...

Continued Decline in Zinc Ingot Inventories at Social Warehouses, Shanghai Zinc Fluctuating at High Levels: The main 2410 contract of Shanghai zinc opened at 24,060 yuan/ton. After opening, Shanghai zinc fluctuated downward to a low of 23,845 yuan/ton, followed by a reduction in short positions. Shanghai zinc rebounded all the way to a high of 24,170 yuan/ton above the daily average line. At the end of the session, Shanghai zinc fell slightly again, closing up at 24,095 yuan/ton...

[SMM Morning Meeting Summary: Macroeconomic and Fundamental Resonance Pushes Zinc Prices to Remain High] Overnight, Shanghai zinc prices turned down from up, with the upper Bollinger Band forming a resistance. The dual weakness in zinc fundamentals in terms of both supply and demand remains unchanged, with social inventories continuing to decline, and.......

【Tight Sentiment on the Supply Side Drives Up Shanghai Zinc Prices】: The main 2410 contract of Shanghai zinc opened at 23,645 yuan/ton. With the increase in long positions at the beginning of the session, Shanghai zinc prices surged rapidly before falling back to near the daily moving average due to insufficient upward momentum. In the afternoon, long positions continued to gain strength, pushing the Shanghai zinc price center up to around 23,740 yuan/ton, during which it peaked at 23,815 yuan/ton. It finally closed at 23,670 yuan/ton, up 290 yuan/ton or 1.24%. Trading volume increased to 1.87 million contracts, and open interest rose by 10,248 contracts to 112,358 contracts. Shanghai zinc recorded a positive candlestick....

[SMM Morning Comment on Zinc: Driven by Overseas Market Trends, Shanghai Zinc Price Shifts Upwards] Minutes of the Fed Meeting: Most Officials Believe a Rate Cut in September is Appropriate; The US revised down the number of employed persons in the past year to March by 818,000; Last week, the EIA crude oil inventory in the US decreased by 4.649 million barrels on a month-on-month basis...

[Shanghai Zinc: Prices Rebounded, Market Trading Remained Inactive] Today, the mainstream transaction price of 0# zinc concentrated at RMB 23,240~23,410 per ton, Shuangyan traded at RMB 23,420~23,570 per ton, and the mainstream transaction price of 1# zinc was RMB 23,170~23,340 per ton. In the morning session, the average discount of spot month futures was RMB 5~0 per ton...