Zinc positioning

Investment funds net +41,516 lots at London Metal Exchange, positions as of 24 Dec 2020.

London Metal Exchange	Special High Grade Zinc	Investment funds	24 Dec 2020
LME	Special High Grade Zinc	Investment funds	16 Oct 2026

Position by venue

One row per venue and report. Each row carries its own source's speculative category, named in the row, and its own unit. Rows are never summed and never converted into a common unit.

Venue	Report	Category	Net	Change, interval	Net % of OI	Percentile, full span	Unit	Position date
London Metal Exchange	Special High Grade Zinc	Investment funds	+41,516	-11,233	15.0	-	lots	2020-12-24
LME	Special High Grade Zinc	Investment funds	+36,347	-3,724	9.5	55	lots	2026-10-16

London Metal Exchange, Special High Grade Zinc: investment funds net as % of open interest

Net as % of open interest, the measure comparable across the venue's own history. Category breaks and missing reports print as gaps.

LME, Special High Grade Zinc: investment funds net, held reports only

Net as % of open interest, the measure comparable across the venue's own history. Category breaks and missing reports print as gaps.

History by venue

The full held history for each venue, in the venue's own unit. Series longer than 280 reports print as yearly extremes over the full span plus the most recent 104 reports; shorter series print in full. Every table sorts and filters.

London Metal Exchange, Special High Grade Zinc: full held history, lots

All 148 held reports

Order: Report date, oldest first


2018-02-09	42,066	25,590	+16,476	5.0
2018-02-16	44,375	27,081	+17,294	5.0
2018-02-23	41,477	25,268	+16,209	4.0
2018-03-02	35,262	24,164	+11,098	3.0
2018-03-09	35,891	23,289	+12,602	3.0
2018-03-16	34,523	23,226	+11,297	3.0
2018-03-23	35,853	22,446	+13,407	3.0
2018-03-28	36,946	23,168	+13,778	3.0
2018-04-06	35,031	23,546	+11,485	3.0
2018-04-13	49,297	24,814	+24,483	6.0
2018-04-20	58,512	26,517	+31,995	8.0
2018-04-27	54,130	28,203	+25,927	7.0
2018-05-04	47,789	31,204	+16,585	5.0
2018-05-11	54,047	28,471	+25,576	6.0
2018-05-18	53,507	30,315	+23,192	5.0
2018-05-25	57,442	30,941	+26,501	7.0
2018-06-01	57,784	30,438	+27,346	6.0
2018-06-08	57,611	26,678	+30,933	7.0
2018-06-15	58,940	27,821	+31,119	6.0
2018-06-22	52,932	27,576	+25,356	6.0
2018-06-29	50,117	27,231	+22,886	6.0
2018-07-06	49,711	30,054	+19,657	5.0
2018-07-13	52,340	34,304	+18,036	4.0
2018-07-20	51,747	34,027	+17,720	6.0
2018-07-27	33,870	17,066	+16,804	9.0
2018-08-03	52,459	35,196	+17,263	5.0
2018-08-10	45,187	30,473	+14,714	4.0
2018-08-17	44,443	33,018	+11,425	3.0
2018-08-24	44,214	33,174	+11,040	3.0
2018-08-31	26,248	15,691	+10,557	3.0
2018-09-07	27,958	16,677	+11,281	3.0
2018-09-14	24,973	16,903	+8,070	2.0
2018-09-21	36,305	20,709	+15,596	5.0
2018-09-28	38,988	21,254	+17,734	5.0
2018-10-05	38,961	18,608	+20,353	5.0
2018-10-12	40,027	16,354	+23,673	7.0
2018-10-19	39,469	14,423	+25,046	7.0
2018-10-26	30,267	11,582	+18,685	6.0
2018-11-02	36,834	13,118	+23,716	7.0
2018-11-09	33,877	11,820	+22,057	8.0
2018-11-16	36,281	13,823	+22,458	6.0
2018-11-23	36,225	13,511	+22,714	7.0
2018-11-30	36,447	14,617	+21,830	7.0
2018-12-07	35,785	12,811	+22,974	7.0
2018-12-14	32,502	14,003	+18,499	6.0
2018-12-21	28,083	15,319	+12,764	4.0
2018-12-28	30,185	16,991	+13,194	4.0
2019-01-04	27,941	17,966	+9,975	3.0
2019-01-11	27,567	18,198	+9,369	3.0
2019-01-18	27,462	18,861	+8,601	3.0
2019-01-25	32,326	17,011	+15,315	5.0
2019-02-01	31,713	14,037	+17,676	6.0
2019-02-08	35,757	16,397	+19,360	6.0
2019-02-15	34,864	16,053	+18,811	6.0
2019-02-22	35,282	14,839	+20,443	6.0
2019-03-01	39,470	14,987	+24,483	7.0
2019-03-08	39,006	15,443	+23,563	6.0
2019-03-15	40,175	14,734	+25,441	6.0
2019-03-22	41,194	14,245	+26,949	8.0
2019-03-29	42,704	15,942	+26,762	7.0
2019-04-05	44,325	15,533	+28,792	7.0
2019-04-12	43,757	14,587	+29,170	8.0
2019-04-17	42,806	15,286	+27,520	7.0
2019-04-18	42,306	15,522	+26,784	7.0
2019-04-26	41,312	15,212	+26,100	7.0
2019-05-03	38,242	14,832	+23,410	10.0
2019-05-10	41,169	18,254	+22,915	6.0
2019-06-21	35,110	25,449	+9,661	3.0
2019-06-28	36,384	25,872	+10,512	2.0
2019-07-05	36,247	30,801	+5,446	1.0
2019-07-12	36,644	31,778	+4,866	1.0
2019-07-19	37,493	31,102	+6,391	2.0
2019-07-26	38,052	33,208	+4,844	1.0
2019-08-02	39,030	36,590	+2,440	1.0
2019-08-09	37,771	39,527	-1,756	-1.0
2019-08-16	38,053	40,986	-2,933	0.0
2019-08-23	32,643	31,750	+893	0.0
2019-08-30	37,553	42,330	-4,777	-1.0
2019-09-06	36,477	39,712	-3,235	0.0
2019-09-13	23,686	31,327	-7,641	-2.0
2019-09-20	34,903	35,741	-838	0.0
2019-09-27	33,655	35,379	-1,724	0.0
2019-10-04	31,278	35,379	-4,101	-1.0
2019-10-11	32,819	33,165	-346	0.0
2019-10-18	33,942	30,277	+3,665	2.0
2019-10-25	39,094	29,639	+9,455	3.0
2019-11-01	41,843	28,410	+13,433	4.0
2019-11-08	46,758	28,413	+18,345	5.0
2019-11-15	45,095	28,747	+16,348	4.0
2019-11-29	41,132	29,914	+11,218	4.0
2019-12-06	38,099	30,646	+7,453	2.0
2019-12-13	37,703	30,689	+7,014	2.0
2019-12-20	38,725	27,330	+11,395	3.0
2019-12-27	37,714	26,879	+10,835	3.0
2020-01-03	36,903	27,023	+9,880	3.0
2020-01-10	34,414	26,163	+8,251	2.0
2020-01-17	35,453	29,099	+6,354	2.0
2020-01-24	37,517	29,223	+8,294	2.0
2020-01-31	36,009	32,764	+3,245	1.0
2020-02-07	35,029	36,132	-1,103	-1.0
2020-02-14	33,551	41,763	-8,212	-2.0
2020-02-21	32,127	47,052	-14,925	-4.0
2020-02-28	31,303	47,188	-15,885	-4.0
2020-03-06	31,556	49,286	-17,730	-5.0
2020-03-13	28,258	43,261	-15,003	-5.0
2020-03-20	22,321	35,023	-12,702	-4.0
2020-03-27	21,752	33,142	-11,390	-3.0
2020-04-03	21,760	31,928	-10,168	-3.0
2020-04-08	22,118	31,507	-9,389	-3.0
2020-04-09	22,080	31,978	-9,898	-4.0
2020-04-17	22,100	32,294	-10,194	-3.0
2020-04-24	22,284	32,744	-10,460	-3.0
2020-05-01	22,377	31,775	-9,398	-2.0
2020-05-07	21,756	30,588	-8,832	-3.0
2020-05-15	21,449	28,897	-7,448	-3.0
2020-05-22	22,514	27,160	-4,646	-2.0
2020-05-29	22,273	27,128	-4,855	-2.0
2020-06-05	23,385	25,719	-2,334	-1.0
2020-06-12	23,058	25,894	-2,836	-1.0
2020-06-19	23,246	25,734	-2,488	-1.0
2020-06-26	24,210	26,250	-2,040	-1.0
2020-07-03	25,611	28,559	-2,948	-1.0
2020-07-10	26,326	24,672	+1,654	0.0
2020-07-17	26,850	22,237	+4,613	2.0
2020-07-24	27,967	21,859	+6,108	2.0
2020-07-31	29,166	22,759	+6,407	2.0
2020-08-07	31,304	23,910	+7,394	3.0
2020-08-14	32,086	23,599	+8,487	3.0
2020-08-21	34,036	23,985	+10,051	3.0
2020-08-28	30,986	12,203	+18,783	8.0
2020-09-04	33,822	20,805	+13,017	4.0
2020-09-11	34,856	20,392	+14,464	5.0
2020-09-18	35,752	18,598	+17,154	6.0
2020-09-25	37,511	17,536	+19,975	6.0
2020-10-02	37,264	15,252	+22,012	8.0
2020-10-09	38,401	14,362	+24,039	8.0
2020-10-16	40,257	11,245	+29,012	11.0
2020-10-23	46,478	9,802	+36,676	13.0
2020-10-30	51,510	11,589	+39,921	14.0
2020-11-06	57,078	13,582	+43,496	14.0
2020-11-13	59,433	14,239	+45,194	14.0
2020-11-20	64,403	13,804	+50,599	16.0
2020-11-27	66,806	14,048	+52,758	16.0
2020-12-04	67,976	14,445	+53,531	17.0
2020-12-11	66,745	14,540	+52,205	17.0
2020-12-18	67,365	15,570	+51,795	16.0
2020-12-23	66,764	14,015	+52,749	17.0
2020-12-24	53,706	12,190	+41,516	15.0

LME, Special High Grade Zinc: all held reports, lots

All 77 held reports

Order: Report date, oldest first


2020-01-03	36,903	27,023	+9,880	333,373	3.0
2020-01-10	34,415	26,163	+8,252	349,396	2.4
2020-01-17	35,453	29,100	+6,353	353,952	1.8
2020-01-24	37,517	29,223	+8,294	365,165	2.3
2020-02-07	35,029	36,133	-1,103	390,094	-0.3
2020-02-14	33,552	41,763	-8,212	397,219	-2.1
2020-02-21	32,127	47,053	-14,925	370,913	-4.0
2020-02-28	31,303	47,188	-15,885	380,928	-4.2
2020-03-06	31,556	49,286	-17,730	377,629	-4.7
2020-03-13	28,259	43,261	-15,003	358,222	-4.2
2020-03-20	22,322	35,024	-12,702	339,755	-3.7
2020-03-27	21,753	33,143	-11,390	341,368	-3.3
2020-04-03	21,760	31,929	-10,169	330,099	-3.1
2020-04-09	22,080	31,979	-9,898	317,426	-3.1
2020-04-17	22,101	32,295	-10,194	312,685	-3.3
2020-04-24	22,285	32,744	-10,459	317,770	-3.3
2020-05-01	22,378	31,775	-9,397	318,741	-2.9
2020-05-07	21,756	30,588	-8,832	303,470	-2.9
2020-05-15	21,450	28,897	-7,447	308,931	-2.4
2020-05-22	22,514	27,160	-4,646	291,133	-1.6
2020-05-29	22,273	27,129	-4,855	291,492	-1.7
2020-06-05	23,385	25,720	-2,334	280,435	-0.8
2020-06-12	23,058	25,894	-2,836	278,082	-1.0
2020-06-19	23,246	25,735	-2,488	260,477	-1.0
2020-06-26	24,211	26,251	-2,040	250,634	-0.8
2020-07-03	25,611	28,559	-2,948	261,163	-1.1
2020-07-10	26,326	24,672	+1,654	271,995	0.6
2020-07-17	26,850	22,238	+4,613	262,873	1.8
2020-07-24	27,967	21,859	+6,108	262,007	2.3
2020-07-31	29,167	22,759	+6,407	274,868	2.3
2020-08-07	31,304	23,911	+7,394	277,035	2.7
2020-08-14	32,086	23,599	+8,487	295,604	2.9
2020-08-21	34,036	23,985	+10,051	292,923	3.4
2020-08-28	34,191	22,486	+11,704	289,595	4.0
2020-09-04	33,822	20,806	+13,017	288,621	4.5
2020-09-11	34,857	20,393	+14,464	297,985	4.9
2020-09-18	35,753	18,598	+17,155	297,236	5.8
2020-09-25	37,512	17,537	+19,975	291,951	6.8
2020-10-02	37,264	15,253	+22,011	269,560	8.2
2020-10-09	38,401	14,362	+24,039	280,771	8.6
2020-10-16	40,258	11,246	+29,012	285,813	10.2
2020-10-23	46,478	9,802	+36,676	286,446	12.8
2020-10-30	51,510	11,589	+39,921	295,173	13.5
2020-11-06	57,078	13,583	+43,495	308,703	14.1
2020-11-13	59,434	14,240	+45,194	318,234	14.2
2020-11-20	64,404	13,805	+50,599	317,258	15.9
2020-11-27	66,806	14,049	+52,757	323,772	16.3
2020-12-04	67,977	14,446	+53,531	313,801	17.1
2020-12-11	66,745	14,540	+52,205	315,815	16.5
2020-12-18	67,365	15,570	+51,795	306,470	16.9
2020-12-24	67,729	14,634	+53,096	306,935	17.3
2020-12-31	66,877	13,942	+52,934	305,159	17.3
2021-01-08	68,405	14,930	+53,475	306,708	17.4
2021-01-15	66,262	13,782	+52,480	312,303	16.8
2026-05-15	75,187	33,911	+41,276	331,508	12.5
2026-05-22	77,420	34,380	+43,040	315,963	13.6
2026-05-29	82,511	38,960	+43,551	316,840	13.7
2026-06-05	87,948	39,938	+48,010	319,254	15.0
2026-06-12	90,862	43,510	+47,352	331,470	14.3
2026-06-19	98,227	53,325	+44,903	348,538	12.9
2026-06-26	93,446	54,366	+39,081	351,015	11.1
2026-07-03	95,862	54,148	+41,714	355,047	11.7
2026-07-10	103,755	53,841	+49,914	360,948	13.8
2026-07-17	101,240	55,694	+45,546	350,141	13.0
2026-07-24	103,153	54,553	+48,600	348,897	13.9
2026-07-31	103,388	54,352	+49,036	349,700	14.0
2026-08-07	104,012	49,430	+54,582	368,408	14.8
2026-08-14	110,312	54,886	+55,426	385,263	14.4
2026-08-21	113,752	58,774	+54,978	385,126	14.3
2026-08-28	120,064	59,012	+61,052	391,297	15.6
2026-09-04	124,731	62,079	+62,652	393,496	15.9
2026-09-11	124,518	65,385	+59,133	395,947	14.9
2026-09-18	123,921	70,171	+53,750	379,219	14.2
2026-09-25	125,529	74,120	+51,409	384,925	13.4
2026-10-02	120,629	76,650	+43,980	384,527	11.4
2026-10-09	114,208	74,137	+40,071	368,942	10.9
2026-10-16	113,932	77,585	+36,347	381,197	9.5

Sampled series: 77 of 359 Fridays in span are held (21 percent). Missing Fridays are missing at the source listing and are never filled.

Extremes, by venue

Venue and market	Speculative net	Percentile, full span	Percentile 1Y	Band	Percentile 3Y	Z-score 52W	Highest net, full span	Date of high	Lowest net, full span	Date of low	Held span	Change, 4 intervals	Change, 13 intervals
London Metal Exchange, Special High Grade Zinc	+41,516	95	85		95	1.41 (52 obs)	+53,531	2020-12-04	-17,730	2020-03-06	2018-02-09 to 2020-12-24 (148 obs)	-12,015	+19,504
LME, Special High Grade Zinc	+36,347	55	33		-	-0.06 (52 obs)	+62,652	2026-09-04	-17,730	2020-03-06	2020-01-03 to 2026-10-16 (77 obs)	-17,403	-9,199

Percentiles and extremes are computed over the full held span printed in the Held span column, per the 2026-10-28 redesign. The 1Y and 3Y windows and the 52-week z-score print alongside for continuity. Windows are weekly reports for the CFTC, ICE, ESMA and LME rows; the LME windows count held reports only, because that series is sampled.

China member rankings

SHFE (Shanghai) member rankings, Zinc (ZN)

Not yet held: the SHFE harvest is in progress and no tidy dataset has landed. This block fills automatically when the dataset is built.

In this section

Commodities, Metals

Commodities by sector

Positioning

Coverage and method

No CFTC zinc market exists. The Shanghai leg joins when the SHFE dataset lands.

Sector: Metals, Base metals. Units print per row and are never converted. Category definitions are each source's own. Pages render the current corrected vintage of each source; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal.