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SMM Zinc Morning Comment

  • nov 22, 2023, at 9:51 am
LME zinc prices opened at $2579.5/mt last evening and touched an intraday high of $2590/mt, with the low-end of $2526/mt. It closed down $23.5/mt or 0.91% at $2549.5/mt Trading volumes increased to 8262 lots, with open interest rose 851 lots to 205,000 lots.  LME zinc inventories increased by 9225 mt to 142750 mt, an increase of 6.91%.
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