SMM Analysis: Review and Post-Holiday Outlook of the Zinc Market during the 2024 Spring Festival Holiday

Holiday Trend Review: During the domestic Spring Festival holiday, the London zinc market overall showed a bottoming rebound trend. London zinc remained above the 5-day moving average, with the lower Bollinger Band providing support. In the first half of the holiday, it tested a low of 2278 USD/ton, close to a six-month low, and then turned upward. As of the Friday closing, London zinc closed at 2388 USD/ton...