SMM zinc morning comment
- dez 20, 2023, at 2:00 am
Overnight, LME zinc prices opened at $2538/mt, rising to an intraday high of $2585/mt, and closed at $2577.5/mt, up $39/mt or 1.54%. Trading volume increased to 9816 lots, and open interest decreased 2191 lots to 203,000 lots. LME zinc stocks increased by 1200 mt or 0.58% to 207150 mt overnight. The weak US dollar overnight provided support to the metals.
