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The global zinc concentrate cutbacks zinc prices or concussion uplink

by:Deyuan      2020-12-25
【 Abstract 】 Global zinc concentrate into cutbacks by supply tightening expectations, driven by recent zinc price is stellar, Aaron zinc or 4 during the Dragon Boat Festival. 71% to nearly a year high, zinc demand is expected to be stabilizing, zinc material today is to go up.

【 Of zinc market] Zinc concentrate supplies, ongoing international zinc concentrate shortages zinc prices rise, last week during the dragon boat Aaron zinc in 2000 dollars/tons, on Thursday hit a high of 2105. 5 dollars/tons, high face short selling, blocked pared some gains, acquisition of zinc continue concussion last week upward touch high $2090 / ton, 2088. 5 dollars/ton, up 16. $5, or 0. 80%, positions, volume 10652 hand cut 3534 hands, holdings of 294359 an increase of 3890 hands; Shanghai zinc main 1608 contract small low open on Wednesday to 15705 yuan/ton, in early morning along the average daily line low consolidation, low recorded 15475 yuan/ton, eventually closed at 15625 yuan/ton, down 130 yuan, or 0. 83%; During the Dragon Boat Festival, Shanghai zinc absent two days.

( ) Spot zinc prices today market forecast: zinc period of high and volatile global production of zinc concentrate, speculators and there is a demand for zinc concentrate production or will continue to buy, the zinc market is expected to improve recovery in demand end, forecast the spot market today zinc prices rose 150 yuan/tons.
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