SMM

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.