LME Zinc Fluctuated At Lows On Fed's Hawkish Tone
- Th06 29, 2023, at 9:49 am
- SMM
Overnight, LME zinc closed at $2,374/mt, up $4/mt or 0.17%. Trading volume decreased to 5,413 lots, and open interest fell 323 lots to 181,000 lots. LME zinc inventory decreased by 425 mt to 77,825 mt, a drop of 0.54%. Overnight, the Fed's hawkish remarks put pressure on LME zinc prices.