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Zinc prices are under pressure to supported zinc prices or price limited today

by:Deyuan      2020-12-25
【 Abstract 】 April U. S. new home sales year-on-year growth of record for 8 years, 1800 a London zinc line support back part of the drop drop $6, short-term pressure supported zinc prices, is expected today is zinc or fall co. , LTD.

' Of zinc market] Aaron zinc opened in 1835. $5 / ton, the disc pressure on the average daily line slowly down to 1825 dollars/tons, close to Europe and the United States was heavy diving to 1809 dollars/tons, refresh recent lows in six weeks. Then rose in the surrounding metal copper, aluminum, zinc rapid return to daily average lines above, and back intraday decline, as in turn red touch up to 1842 volumes. 5 dollars/tons, finally closing at 1827. 5 dollars/ton, down 5. 5 dollars/ton. Volume was 684 to 12171 hands, holdings in 1612 to 26. 30000 hand; Shanghai zinc main 1607 contracts in 14595 yuan/ton, after opening early consolidation around 14560 yuan/ton narrow and short covering Shanghai period under the main zinc rapid rise once touch up to 14700 yuan/ton, long-short 60 battleground - day moving average, late remains under pressure drop - day moving average closed at 14605 yuan/ton, down 40 yuan/ton. The main contract volume 23. 00000 holdings, 4646 to 17. 00000 hands.

( ) Spot zinc prices today market forecast: the United States in April new home sales year-on-year growth of record eight years for zinc prices, of zinc keeping back some losses, the current pressure supported zinc prices, this round of zinc prices drop small spot purchasing suspend cautious wait-and-see, forecast the spot market today zinc prices or changed little.
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