Author: Prerana Rout
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Global perspective: Aggressive zinc bulls ignore weak fundamentals
Supply disruption fears outweigh current surplus signals Market vulnerable to long liquidation if sentiment weakens Metal Intelligence Centre: The easing of Middle East tensions, followed by the Fed’s hawkish stance on rates, triggered the unwinding of bullish positioning. COT data show that over the last few weeks, bullish bets declined across all metals. Zinc, however,…