SMM Analysis: Review and Post-Holiday Outlook of the Zinc Market durin

Published: Feb 18, 2024 11:02

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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...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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