US Tariff Hike Triggers Market Concerns Over Demand, LME Zinc Center Shifts Downward [SMM Zinc Holiday Market Review]

[SMM Zinc Holiday Market Review: US Tariff Hike Triggers Demand Concerns, LME Zinc Center Shifts Downward] During the domestic Chinese New Year holiday, LME zinc fluctuated downward, with the futures market center continuously shifting downward. The middle Bollinger Band consistently exerted pressure, and the market's demand concerns were triggered by the US raising tariffs on Canada and Mexico, causing LME zinc to weaken further, hitting a low of $2,706/mt on February 3. Later, the US announced a one-month postponement of the tariff hike, alleviating some demand concerns. The LME zinc center rebounded, and as of Tuesday's close, LME zinc settled at $2,812/mt, up $3.5/mt, an increase of 0.12%...