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Zinc review: tight spot zinc prices keep rising trend

by:Deyuan      2020-12-23
【 Abstract 】 Basic metals prices, rising oil prices boost overnight zinc were up $20, and shrinking global zinc production intensified catalytic zinc inventory decline, zinc prices keep rising trend remains the same, material is zinc prices today to go up.

【 Of zinc market] London zinc low opening in 2268. 5 dollars/tons, Asian time will be slow to raise interest rates by the federal reserve meeting records show policy news, zinc weight range upward trend; Europe and the United States time Aaron zinc continue upward climb higher than the $2309 / ton, down to 2295 dollars/tons near a line after a slight concussion, eventually closed at $2294 / ton, up $20, or 0. 88%, volume 11406, an increase of 3266 hand holdings 326692 995; Shanghai zinc main 1610 contracts in 17600 yuan/ton, opened Shanghai zinc quickly touch above 17605 yuan/ton, confined in average daily offline after a slight concussion, late small dip in the low 17490 yuan/ton, eventually closed at 17520 yuan/ton, up 80 yuan, or 0. Decreased 46%, volume 91278, 248834, 261078 holdings reduce 2870 hands.

( ) Zinc prices today spot market forecast: the rise in oil prices boost basic metals prices, night Shanghai zinc main 1610 high and volatile; Shrinking global zinc production growing, China's environmental protection inspection has several smelters to shut down, the domestic market tight cash flow, inventory by zinc, zinc prices, most speculators to see many zinc spot prices is expected today.
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