SHANGHAI, Jul. 8 (SMM) – LME zinc market overnight opened at USD 1,859/mt. During Asian trading hours, markets were waiting for the result of US non-farm payrolls, with a strong cautious trading sentiment, leaving prices between USD 1,855-1,865/mt. In the evening, the US announced that the non-farm payrolls were 195,000 in June, higher than the 165,000 expectations, and the unemployment rate was 7.6%. The result raised market worries that the US Federal Reserve may taper off its QE from September, weighing down the market. LME zinc slid to USD 1,826.5/mt before finally closing at USD 1,840.8/mt, down USD 19.3/mt or 1.03%. Transactions were up 4,257 lots to 9,475 lots, while positions were up 4,226 lots to 268,623 lots. LME zinc inventories were down 3,100 mt to 1,035,350 mt.