Commodity Market Report
Global zinc short-term outlook December 2023
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Report summary
This month’s news from the US Federal Reserve’s Open Market Committee (FOMC), provided base metal prices with a boost. The news saw the dollar lose ground against other currencies and a variety of asset prices rally. Zinc shifted from testing support at just over $2400/t before the meeting to test resistance at $2600/t in the aftermath of the news.
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