SHFE Zinc opened low and shorts entered the market [SMM Zinc Morning Comment]
- mars 15, 2024, at 9:55 am
Overnight, LME zinc opened at $2574/mt, hitting a low of $2536/mt, and closed at $2559.5/mt, down $12/mt or 0.47%. Trading volume decreased to 8610 lots, and open interest fell 3008 lots to 231,000 lots. LME zinc inventories decreased by 1725 mt to 266025 mt, a decrease of 0.64%.
