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Zinc review: the oil market rallied to boost sentiment zinc prices or the drive to go up

by:Deyuan      2020-12-23
【 Abstract 】 The oil market rallied to boost sentiment, overnight zinc rose $29, high zinc prices to buyers, downstream demand, zinc prices upward momentum, procurement cautious wait-and-see, material is zinc prices today with rose.

【 Of zinc market] London zinc in 2308 dollars/tons, Asian time Aaron zinc opening finishing at $2310 / ton, near a line in the afternoon then zinc shocks upward; Europe and the United States time Aaron zinc in 2325 dollars/tons near a line fluctuated violently, late extended gains to touch more than 2338 dollars/tons, eventually closed at $2335 / ton, up $29, or 1. Decreased 26%, volume 10598, 5826, 330575 an increase of 1124 holdings hands; Night Shanghai zinc main 1611 contracts in 18020 yuan/ton, up to 18215 yuan/ton, the lowest 17990 yuan/ton, eventually closed at 18135 yuan/ton, up 115 yuan, or 0. Decreased 64%, volume 122322, 191776, 191704 holdings reduce 7958 hands.

( ) Zinc prices today spot market forecast: OPEC yesterday for the first time in their agreement, sustain the crude oil, boost commodities, night Shanghai zinc main 1611 strong direction; According to statistics, as of September 28, colored zinc ingot prices have risen more than 35% since this year, high zinc prices restriction downstream demand, first buyers cautious wait-and-see, forecasts spot zinc prices to rise today.
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