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SMM zinc morning comment

  • Des 06, 2023, at 10:06 am
Overnight, LME zinc opened at US$2448.5/ton and touched a high of US$2457/ton. During the European trading session, the LME zinc fluctuated all the way down, reaching a low of US$2415/ton, and finally closed down at US$2418/ton, down $20.5/ton, or 0.84%. Trading volume increased by 2659 lots to 12248 lots, and open interest decreased by 2437 lots to 198,000 lots. LME stocks decreased by 1625 tons to 221,000 tons, a decrease of 0.73%.
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