LME Zinc Prices Fluctuate with Bulls and Bears Battle, Closing Down 0.71%

Published: May 30, 2025 13:14

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Overnight, LME zinc opened at $2,685.5/mt. In the early session, LME zinc consolidated along the daily average line, before bulls increased their positions, driving LME zinc prices higher. It peaked at $2,728/mt during European trading hours. Subsequently, bears increased their positions, causing LME zinc to fluctuate downward. It touched a low of $2,669.5/mt at the end of the session, closing at $2,670/mt, down $19/mt or 0.71%. Trading volume increased to 9,466 lots, while open interest rose by 3,084 lots to 211,000 lots.

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