LME zinc recorded a small bearish candlestick with wild swings in price [SMM Morning Meeting Minutes]
[SMM Morning Meeting Minutes: LME Zinc Posted a Small Bearish Candlestick as Prices Saw Wild Swings]: Overnight, LME zinc opened at $3,598/mt. Early in the session, it quickly touched a high of $3,607.5/mt, before pulling back. By midday, LME zinc surged above the daily average line but pulled back again and dipped to $3,568/mt. After European trading began, LME zinc swung higher, recouping most of its losses, and finally closed down at $3,595/mt, down $8.5/mt, a decline of 0.24%. Trading volume fell to 85,820 lots, and open interest increased by 434 lots to 231,000 lots.