US CPI Data Below Expectations, LME Zinc Rebounds from Low [SMM Zinc Morning Meeting Summary]

[SMM Zinc Morning Meeting Minutes: US CPI Data Below Expectations, LME Zinc Rebounds from Low]: Overnight, LME zinc opened at $3,565/mt, and early in the session, it touched a low of $3,554/mt, then drifted higher, hitting a high of $3,617.5/mt during the night session, then retreated from highs to below the daily average line, finally closing up at $3,579/mt, up $12/mt, or 0.34%, with trading volume decreasing to 8,180 lots and open interest decreasing by 9,456 lots to 257,000 lots…

Source: Read Full Article