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Zinc review: stronger oil prices boosted zinc prices or to rise now

by:Deyuan      2020-12-23
【 Abstract 】 Stronger boost zinc crude oil futures prices, high and volatile overnight Aaron zinc rose $17, near the peak season, refined zinc shortage will become more apparent, high zinc is expected to impact, short-term Shanghai today is zinc prices rise.

【 Of zinc market] London zinc slightly lower at $2284 / ton, Asian time Aaron zinc rapid shocks hit more than 2306. After 5 dollars/tons, fell slightly to - day moving average near sideways; Europe and the United States time Aaron zinc increased turbulence, edged up to $2300 / ton in late finishing near a line, to close at 2301. 5 dollars/ton, up 16. $5, or 0. 72%, volume 7957, an increase of 440 hand holdings 312353 754; Shanghai zinc main 1610 contracts in 17555 yuan/ton, zinc plate Shanghai is higher than 17670 yuan/ton, down to 17610 yuan/ton back line, eventually closed at 17630 yuan/ton, up 95 yuan, or 0. Decreased 54%, volume 87878, 170568, 244370 an increase of 4034 holdings.

( ) Zinc prices today spot market forecast: a strong boost zinc crude oil futures prices, night Shanghai zinc main 1610 high and volatile; The zinc downstream demand is still in the off-season, but traditional & other; Golden nine silver ten & throughout; The upcoming, zinc supply short-term will continue to ferment, thereby boosting of zinc higher, zinc spot prices is expected today.
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