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Zinc review: shortage of supporting zinc prices continue strong

by:Deyuan      2020-12-23
【 Abstract 】 By crude oil futures rose, London zinc concussion higher closed up $17, supply and demand gap will continue to support the global zinc, zinc prices within Shanghai zinc or remained strong, today is zinc prices rise.

【 Of zinc market] London zinc opened 2269. 5 dollars/tons, Asian time Aaron zinc opened centre of gravity is hitting lows 2262 dollars/tons, slightly rebounded after near a - day moving average concussion, interval swings around $10; Europe and the United States time crude oil futures rose, Aaron zinc vibration, late to touch up to $2299. 5 dollars/tons, to 2296. 5 dollars/ton, up 16. $5, or 0. Decreased 72%, volume 9062, 2473, 316264 an increase of 2480 holdings hands; Shanghai zinc main 1610 contracts in 17510 yuan/ton, up to 17685 yuan/ton, the lowest 17500 yuan/ton, eventually closed at 17660 yuan/ton, up 200 yuan, up 1. Decreased 15%, volume 135874, 230706, 228274 an increase of 9126 holdings.

( ) Zinc prices today spot market forecast: the overnight crude oil futures rose, night Shanghai zinc main 1610 vibration strength; Global zinc production decrease caused by supply shortages will continue to support the price of zinc, zinc has changed fundamentally sound pattern, and zinc or still remain a strong, short-term Shanghai zinc spot prices is expected today.
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