Report Information - Report Title: Zinc Futures Daily Report [1] - Date: May 30, 2025 [2] Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Short - term, SHFE zinc fluctuates within the middle and lower Bollinger Bands; medium - term, there is still an expected increase in the mine end, the supply - demand pattern remains loose, and it should be treated with a short - allocation strategy [7] Summary by Directory 1. Market Review - Futures Market Quotes: For SHFE zinc 2506, the opening price was 22,570 yuan/ton, the closing price was 22,780 yuan/ton, up 160 yuan (0.71%), with a position of 20,306 lots, a decrease of 5,297 lots. For SHFE zinc 2507 (the main contract), the opening price was 22,300 yuan/ton, the closing price was 22,495 yuan/ton, up 135 yuan (0.60%), with a position of 119,380 lots, a decrease of 3,627 lots. For SHFE zinc 2508, the opening price was 22,090 yuan/ton, the closing price was 22,265 yuan/ton, up 95 yuan (0.43%), with a position of 58,588 lots, an increase of 5,986 lots [7] - Market Performance: SHFE zinc had a narrow - range shock and turned positive in the afternoon. The near - month spread narrowed by 5 to 285. Both domestic and foreign inventories continued to decline. LME zinc inventories decreased by over 10,000 tons during the week to 141,000 tons, and the 0 - 3 spread was C20. Domestic social inventories decreased by 0.46 million tons to 75,000 tons. Before the holiday, stockpiling was basically completed, and spot premiums in three regions remained stable [7] 2. Industry News - Shanghai Market: On May 29, 2025, the mainstream transaction price of 0 zinc was 22,865 - 22,970 yuan/ton, and the second - trading - session ordinary domestic zinc was at a premium of 270 yuan/ton to the 2506 contract [8] - Ningbo Market: The mainstream brand 0 zinc was traded at 22,875 - 22,980 yuan/ton, with a premium of 270 yuan/ton to the 2506 contract and 90 yuan/ton to Shanghai spot [8] - Tianjin Market: The 0 zinc ingot was mainly traded at 22,790 - 22,930 yuan/ton, with a premium of 200 - 230 yuan/ton to the 2506 contract [8][9] - Guangdong Market: The 0 zinc was mainly traded at 22,790 - 22,965 yuan/ton, with a premium of 445 yuan/ton to the 2507 contract. The spread between Shanghai and Guangdong narrowed [9] 3. Data Overview - Not provided in detail in the given content, only mentions related data charts such as SMM's seven - region zinc ingot weekly inventory and LME zinc inventory [12]
建信期货锌期货日报-20250530
Jian Xin Qi Huo·2025-05-30 02:08