SMM

Last Friday, LME zinc opened at US$2,478.5/ton and tested as low as US$2,455/ton. It touched a high of US$2,533/ton at the end of the day, and finally closed up at US$2,519.5/ton, an increase of US$47/ton, or 1.90%. The trading volume decreased by 760 lots to 10,800 lots, and open interest decreased by 1,667 lots to 202,000 lots. LME inventories decreased by 1,975 tons to 224,300 tons, a decrease of 0.87%.