SMM

LME zinc opened at $2557.5/mt on Monday night, touching a high and a low of $2589/mt and $2550/mt respectively. LME zinc rallied and closed up $14/mt or 0.55% to $2573/mt. The trading volume fell to 7381 lots, and open interest lost 225 lots to 205,000 lots. LME zinc inventory increased by 475 mt to 133525 mt, an increase of 0.36%. The continuous decline of the US dollar index boosted the trend of non-ferrous metals.