SMM

LME zinc prices closed down $29.5/mt or 1.19% at $2,450/mt yesterday evening. The trading volume increased to 7,690 lots, and open interest increased 407 lots to 206,000 lots.  LME zinc inventory shed by 2750 mt to 91575 mt. Overnight, the US CPI data recorded 3.2%, which was lower than the expected 3.3%.