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Zinc review: a stronger dollar or drag on the zinc prices fall

by:Deyuan      2020-12-23
【 Abstract 】 Dollar pressure, force the price of the metal zinc main 1610 overnight Shanghai as weak trend, depreciation is expected to enhance the market concerned, high zinc prices to purchase cautious wait-and-see, today is zinc prices fall.

【 Of zinc market] Turn overnight Shanghai zinc main 1610 contract in 17965 yuan/ton, opened a small touch above 17980 yuan/ton, one night, Shanghai zinc weight quickly fell to lows 17820 yuan/ton, after the ups and downs in 17875 yuan/ton, near a line late recover some losses, eventually closed at 17950 yuan/ton, down 15 yuan, or 0. Decreased 08%, volume 89852, 274254, 235298 holdings reduce 8846 hands. Beijing time 09:30, Aaron zinc latest at $2294, down $26.

( ) Zinc prices today spot market forecast: overnight dollar force the price of the metal under pressure, this trend of zinc shutdown is slightly lower; In addition to the federal reserve released the hawks speech information, make RMB devaluation expectations have increased, high zinc prices make procurement cautious wait-and-see market, spot zinc prices is expected today.
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