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Domestic social inventory continue to accumulate, SHFE zinc is weak [SMM zinc morning comment]

  • Feb 06, 2024, at 9:50 am
LME zinc opened at $2465/mt yesterday evening, and hit a high of $2465.5/mt before falling back to $2416/mt, and closed at $2425/mt, a decrease of $26.5/mt or 1.08%. Trading volume decreased to 9888 lots, and open interest grew 2021 lots to 224,000 lots.
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