LME zinc prices opened at $2470.5/mt last evening and closed down $2/mt or 0.08% at $2464.5/mt. Trading volume rose to 7074 lots, and open interest decreased by 1812 lots to 199,000 lots. LME zinc inventories shed by 2000 mt to 151575 mt.
The most active SHFE 2310 zinc contract prices opened at 21240 yuan/mt and closed at 21300 yuan/mt last evening, up 120 yuan/mt or 0.57%. The trading volume was down to 69465 lots, and open interest decreased 1853 lots to 104,000 lots.
Federal Reserve officials said that the latest round of economic data provided the Fed with space to carefully consider whether it needs to raise interest rates again. The upside risk of inflation still exists. The US dollar index rose to a near 6-month high. Domestically, the positive macro information that has been continuously released recently still has a certain support on the market.
