SMM zinc morning comment
- nov 29, 2023, at 9:50 am
Overnight, LME zinc opened at $2531.5/mt and closed up $10.5/mt or 0.42% at $2538/mt. The trading volume was 8133 lots, and open interest added 3867 lots to 207,000 lots. The weakening of the U.S. dollar provides certain support to the market, but the weakening domestic consumption still has certain effects on overseas market.
