SMM Morning Meeting: Trump's Tariff Policies Impact; LME Zinc Sees Volatile Trading with Bearish Close

[SMM Morning Meeting Summary: Trump's Frequent Tariff Policies; LME Zinc Records a Long Upper Shadow Bearish Candle]

Overnight, LME zinc opened at $2,817/mt. At the beginning of the session, LME zinc fluctuated around the daily moving average. During European trading hours, bears reduced positions, and LME zinc quickly rose to a high of $2,847.5/mt. Subsequently, LME zinc continuously declined to a low of $2,796/mt. After entering the night session, LME zinc recovered part of its losses but slightly fell again towards the end of the session, ultimately closing higher at $2,808/mt, up $2.5/mt or 0.09%. Trading volume decreased to 93,400 lots, and open interest fell by 282 lots to 233,000 lots.