MARKET TALK: LME Zinc May Rally To $4,000 Near-Term

Sentiment toward LME zinc remains strong and metal may target $4,000 near-term as funds now seem likely to remain long rather than going short after strong rebound overnight, says Singapore-based trader. Strong fundamentals to return as major driver after metal experienced heavy selling earlier in week related to DJAIG rebalancing; "they'll keep their position because the market is short (of supply)." LME 3-month zinc last at $3,850, down $24 vs London PM kerb.