LME zinc prices closed down $6/mt or 0.26% at $2,302/mt in overnight trading. The trading volume rose to 12,546 lots, and open interest fell by 4,838 lots to 200,000 lots. LME zinc inventories increased sharply by 34,850 mt to 141,750 mt, an increase of 19.04%, showing sluggish overseas consumption.

LME zinc prices closed at $2,308/mt last evening, down $43/mt or 1.83%. Trading volume increased to 13,060 lots, and open interest decreased by 3644 lots to 205,000 lots.

LME zinc prices closed down $47/mt or 1.96% at $2,351/mt yesterday evening. The trading volume increased to 9,767 lots, and open interest increased 501 lots to 209,000 lots. LME zinc inventories increased by 375 mt to 92,175 mt, an increase of 0.41%. Overnight, the Fed's hawkish remarks bolstered the US dollar and that put pressure on LME zinc prices.

LME zinc prices closed at $2,398/mt last Friday evening, a decrease of $52/mt or 2.12%. The trading volume rose to 9132 lots, and open interest was up by 2,761 lots to 208,000 lots. LME zinc inventory increased by 225 mt to 91,800 mt, an increase of 0.25%. The recent domestic economic data has fallen short of expectations, and the dollar has strengthened. LME zinc prices thus weakened.

LME zinc prices closed down $29.5/mt or 1.19% at $2,450/mt yesterday evening. The trading volume increased to 7,690 lots, and open interest increased 407 lots to 206,000 lots. LME zinc inventory shed by 2750 mt to 91575 mt. Overnight, the US CPI data recorded 3.2%, which was lower than the expected 3.3%.

Overnight, LME zinc closed up $73/mt or 3.02% at $2,493/mt. The trading volume was 12,717 lots, and open interest added 4,042 lots to 199,000 lots. China has promised to strengthen its policy support for the economy. Meanwhile, the confidence of US consumers has improved. And the IMF expects the global economy to grow. The market was optimistic, and most of nonferrous metals rose.

After the macro sentiment was vented, the price center of gravity of LME Zinc moves down Last Friday, LME Zinc opened at $2,470/ton. At the beginning of the session, LME Zinc oscillated around the daily moving average price line. Near the European trading hour, LME Zinc touched $2,483/ton and then dived downward. The price center of gravity moved down to around $2,440/ton.

Overnight, the U.S. June PPI fell more than expected, with the annual rate and monthly rate both recording 0.1%, with the annual rate the lowest in three years; the number of people filing for unemployment benefits unexpectedly fell last week to 237,000; San Francisco Fed President Daly said that now it is too early to declare that the inflation problem has been solved, enough steps must be taken to raise interest rates to a sufficiently tight level, and the Fed is currently expected to raise interest rates one or two times.