SMM zinc ingot inventory declined slightly, SHFE zinc rebounded from lows during the night session [SMM Zinc Morning Comment]

[SMM Zinc Morning Comment: SMM Zinc Ingot Inventory Slightly Destocked, SHFE Zinc Rebounds from Low in Night Session] Overnight, the most-traded SHFE zinc 2609 contract opened at 24,645 yuan/mt. After opening, SHFE zinc similarly fluctuated higher, dipping to a low of 24,590 yuan/mt in early trading, and near the end of the session, hitting a high of 24,815 yuan/mt. It finally settled up at 24,765 yuan/mt, up 65 yuan/mt, or 0.26%, with trading volume down to 32,753 lots.

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