Money away before the results of zinc review: the federal reserve meeting weaker zinc prices
U. S. economic data led to the federal reserve to raise interest rates expected increase, the overnight zinc fell $25, and macro uncertainty increases, pushing the money zinc price risk, expected this spot zinc or fall.
Of zinc market]
London zinc in 2250 dollars/tons, Asian time some positive economic data released in the United States leading to expectations for higher interest rates increase, Aaron zinc plate volatile downward, in 16:06 dip to 2212 dollars/ton;
In Europe and the United States time Aaron zinc - day moving average near to maintain sideways, ups and downs in the $2220 / ton -
Between 2235 dollars/tons, closed at $2232 / ton, down $25, or 1.
Increased by 11%, volume 12259, 5215 hand, holdings of 323327 an increase of 2094 hands;
Shanghai zinc main 1609 contract opened 17165 yuan/ton, a rapid decline in opening dip 17060 yuan/ton, after blunt above 17215 yuan/ton, Shanghai zinc again shake down to 17140 yuan/ton line, eventually closed at 17135 yuan/ton, down 125 yuan, or 0.
Decreased 72%, volume 159550, 264170, position 247676 4024 hands.
Zinc prices today spot market forecast: the fed meeting, the results of zinc market were cautious, leave long locking in a profit, night Shanghai zinc main 1609 high rushed back to maintain low consolidation;
Macro uncertainty factors increase the market at present, speculative funds or will leave, zinc spot prices forecast today.