- Citi Research: Zinc could touch $3,100/t by 4Q or early 2025 as manufacturing sentiment recovers amid supply-side constraints.
- Citi Research: "We see renewed upside for aluminium by 4Q or early 2025."
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Trump seek Central Asian rare earth - diversify US supply chains, reduce reliance on China
PBOC sets USD/ CNY reference rate for today at 7.0836 (vs. estimate at 7.1131). And, PBOC drains a net 1.5722 trln yuan for the week via open market operations, the biggest fund withdrawal since Jan 2024.
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