Tag: negative zinc TCs
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Global zinc market reflects convergence of bearish and bullish sentiments
Supply concerns drive zinc longs close to record highs Bearish bets hit two-year high on weak China demand Metal Intelligence Centre: According to the latest LME Commitment of Traders Report (COTR), zinc is witnessing a rare market setup where both bullish and bearish positions are building simultaneously. Zinc bulls have accumulated positions near a record…