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Zinc rebound strong wait-and-see zinc prices under pressure

by:Deyuan      2020-12-23
【 Abstract 】 PPI and CPI better than expected in March, China market forecast China will relax the stimulus, London high zinc rushed back with flat, pressure above of zinc, zinc material today now price or price co. , LTD.

' Zinc futures market 】 Aaron zinc to open in 1768. 5 dollars/tons, Asian time China's producer price index in March ( PPI) Year-on-year decline in 4. 3%, the smallest drop since January 2015; Decline in February for 4. 9%. But declined less than many market participants expected, the consumer price index in March ( CPI) Rose 2. 3%, unchanged from last month, below the median forecast 2. 5%. News positive boost popularity, Aaron zinc quickly rose to $1788 / ton, afternoon zinc continue to fall, and low to 1748. 5 dollars/tons, evening, slightly to 1758. $5 / ton; Main contract open 14020 yuan/ton, 1606 low of 14015 yuan/ton, high to 14120 yuan/ton, 14080 yuan/ton. Clinch a deal amount of warehouse, main nearly 10 w hands, open 2505 to 180976 hands. CPI data focus on night

( ) Spot zinc prices today market forecast: pressure of zinc prices rebound, expected market still has repeatedly, zinc in the spot market, traders offer positive, prices continue to wait and see, downstream buyers market clinch a deal, forecast the spot market today zinc price 50 yuan/tons.
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