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Zinc review: ahead of the G20 summit, zinc prices or high consolidation

by:Deyuan      2020-12-23
【 Abstract 】 London zinc has weak fell $6, Shanghai zinc dip rebounded, days, or is expected to continue to trend higher, on September the fed to raise interest rates or not will tend to support the metal price stabilization, short-term dips replenishment, today is zinc prices or changed little.

【 Of zinc market] Zinc London opened in 2259. 5 dollars/tons, Asian time shock in 2255 - Aaron zinc Between 2265 dollars/tons, afternoon 16:00 zinc gravity continuation of volatile moves to touch more than $2274 / ton; Europe and the United States time Aaron zinc focus hitting lows of 2242. 5 dollars/tons, slightly higher after a late back to daily offline party consolidation, to close at 2257. $5 dollars/ton, down 6 or 0. Decreased 27%, volume 9180, 1006, 324362 holdings reduce 3026 hands; Shanghai zinc main 1610 contracts in 17350 yuan/ton, opened Shanghai zinc dip in 17215 yuan/ton, after shocks to rise above 17370 yuan/ton, eventually closed at 17325 yuan/ton, up 15 yuan, or 0. Decreased 09%, volume 136844, 152328, 257608 holdings reduce 4234 hands.

( ) Zinc prices today spot market forecasts, in September the fed to raise interest rates or not will tend to support the metal price stabilization, night Shanghai zinc main 1609 dip back; News, the advent of the G20 summit, jiangsu and zhejiang zinc downstream enterprises encounter & other; Environmental protection throughout the storm &; Production, most companies are limited in glencore also no and production performance, the current price of zinc effectively support, is expected to spot zinc prices or limited today.
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