[SMM zinc morning comment] The upside space for SHFE zinc may be limited
- Mar 08, 2024, at 10:00 am
Overnight, LME zinc opened at $2496/mt, hitting a low and high of $2486.5/mt and $2540/mt respectively, and closed at $2529/mt, up $38.5/mt or 1.55%. Trading volume increased to 15249 lots, and open interest decreased 2905 lots to 229,000 lots.