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Zinc prices last week highs record the quadruple Yin zinc prices this week or remain low

by:Deyuan      2020-12-23
【 Abstract 】 Short in the market on Aaron zinc break downward, Aaron callback zinc high last week posted 4 even Yin; Zinc spot discount narrowed, downstream the dips purchase increase, the overall transaction is fair, is this now or zinc prices rose slightly.

【 Zinc futures market 】 Aaron zinc last week to $1870 / ton callback attachment high, short break downward, seize the opportunity to intervene on Aaron zinc zinc briefly fell below 10, 20 and 40 - day moving average, as low as 1742. Week 5 dollars/tons, fall 106. 5 dollars/ton, down 5. 71%, volume 45591, an increase of 6775 hands, holdings of 270005 an increase of 912 hands; Shanghai period zinc trading resumed after the qingming festival, dragged down by outside dish, Shanghai zinc 1606 contract continuous jump empty down, back to around 14000 yuan. Forecast this week still remain low.

( ) Spot zinc prices today market forecast: last week, the domestic zinc spot market with falling of zinc, downstream the dips purchase increase, the volume has increased, but rised zinc smelter shipping co. , LTD. , traders offer positive delivery, expected this week to keep shakeouts, forecast the spot market today zinc price 50 yuan/tons.
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