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Investment funds have turned bearish on zinc due to an oversupply in the market. This increased supply is putting downward pressure on zinc prices.

Despite initial appearances, the annual zinc processing benchmark suggests a less optimistic outlook for zinc, as underlying factors may not support a strong market performance. This indicates potential challenges in the supply chain or demand that could temper price increases.

The upcoming IZA’s International Zinc & Zinc Oxide conference is likely to address critical issues affecting the zinc market, such as supply chain disruptions and demand fluctuations, which could influence market dynamics and pricing strategies. The discussions may provide insights into policy changes or technological advancements that could impact the future supply and demand balance for zinc.

The current high premium of zinc over lead suggests a potential correction in zinc prices as market dynamics may shift, indicating a possible decrease in zinc's relative value. This could be driven by changes in supply and demand or market speculation adjustments.

The review of Zinc prices for the year 2024 likely provides insights into the factors that influenced the market, such as changes in supply and demand dynamics, policy shifts, or economic conditions impacting pricing. Without specific details, the sentiment can be inferred as neutral, as the title suggests a retrospective analysis rather than a forward-looking projection.

The modest gains in commodity prices during October, as reported by the World Bank, suggest a potential stabilization or slight improvement in the zinc market, which could be driven by balanced supply and demand dynamics. However, without specific details on zinc, the overall impact remains uncertain.