Tag: zinc market forecast
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LME zinc prices consolidate during year-end holidays as inventories remain tight
LME stocks continue to build to around 99,000 t MCX zinc retains mild upward trend The global zinc market entered a low-liquidity consolidation phase during 22-26 December, as holiday closures-most notably the LME shutdown on 25 December-curtailed trading activity. Prices eased marginally after strong gains in November and early December, but the broader bullish bias…