NewsFlash / Zinc / US Dollar Index Strengthens, LME Zinc Decline Continues [SMM Zinc Morning Meeting Summary]
US Dollar Index Strengthens, LME Zinc Decline Continues [SMM Zinc Morning Meeting Summary]
iconJan 9, 2025 08:44
Source:SMM
[SMM Zinc Morning Meeting Summary: US Dollar Index Strengthens, LME Zinc Decline Continues]: Overnight, LME zinc recorded a bearish candlestick, with the 5-day moving average forming resistance. LME zinc inventory decreased by 4,000 mt to 220,525 mt, a decline of 1.78%. The uncertainty of US tariff policies continues to disrupt the market, the US dollar index keeps strengthening, and zinc prices remain under pressure, with the decline in LME zinc persisting...
[SMM Zinc Morning Meeting Summary: US Dollar Index Strengthens, LME Zinc Decline Continues]: Overnight, LME zinc recorded a bearish candlestick, with the 5-day moving average forming resistance. LME zinc inventory decreased by 4,000 mt to 220,525 mt, a decline of 1.78%. The uncertainty of US tariff policies continues to disrupt the market, the US dollar index keeps strengthening, and zinc prices remain under pressure, with the decline in LME zinc persisting...

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All