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Zinc review: inventory decline or supporting zinc prices higher

by:Deyuan      2020-12-23
【 Abstract 】 As oil prices boost, overnight zinc dip rebounded closed up $16; Zinc enterprise starts to increase, inventory decline, the market of late zinc prices are still optimistic, zinc prices trend positive, is this zinc rose now.


【 Of zinc market] Zinc London opened in 2258. 5 dollars/tons, Asian time Aaron zinc shock down dip in 2240. 5 dollars/tons, after the crude prices boost, zinc rebound upward; Europe and the United States time exacerbate shock in 2258 - Aaron zinc $2268 / ton, and between the late is still on the rise, eventually closed above $2274 / ton, up 16. $5, or 0. Decreased 73%, volume 8140, 1040, 327687 an increase of 3325 holdings hands; Shanghai zinc main 1610 contracts in 17300 yuan/ton, opened Shanghai zinc at slightly higher back, continue after shocks upward trend, high of 17375 yuan/ton, the lowest 17270 yuan/ton, eventually closed at 17350 yuan/ton, up 70 yuan, or 0. Decreased 41%, volume 107478, 134210, 256962 an increase of 7372 holdings.

( ) Zinc prices today spot market forecast: the crude prices boost, night Shanghai zinc main 1610 concussion higher; Due to the limited supply of goods and capital risk, zinc YaKu enterprises generally don't, cause a downturn of the inventory, late for zinc prices are still optimistic, now is zinc spot prices.
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