Thursday, 06 August 2026

LME zinc ingot inventory keeps falling, and bulls add positions, lifting LME zinc [SMM Zinc Morning Meeting Summary]

[SMM Zinc Morning Meeting Minutes: LME Zinc Ingot Inventory Continues to Decline, Bulls Increase Positions Boosting LME Zinc Rise]: Overnight, LME zinc opened at $3,642/mt, and after opening, drifted higher, dipping to a low of $3,635/mt at the beginning of the session and touching a high of $3,684.5/mt near the end, finally closing up at $3,661/mt, up $27/mt, or 0.74%, with trading volume decreasing to 11,194 lots…

Source: Read Full Article

Leave a Reply

Your email address will not be published. Required fields are marked *