SHANGHAI, Dec. 10 (SMM) -- Most LME base metal prices closed with declines on Thursday and lost previous gains. Investors took a cautious attitude before the release of China import and export data on Friday, and then left the market after profit-taking on concerns that China will further adopt tightened monetary policies. In this context, the US dollar index overnight rebounded to above 80 from 79.7. LME zinc prices fell after touching USD 2,300/mt and finally closed at USD 2,285/mt, down USD 5/mt. Trading volumes decreased by over 3,000 lots to 80,000 lots, and total positions increased by 5,000 lots to 237,837 lots, with prices meeting pressure at 30-day moving average. SHFE zinc prices are expected to continue fluctuating today.
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