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Zinc review: zinc prices today or with higher zinc production is declining

by:Deyuan      2020-12-23
【 Abstract 】 Speculators betting booster zinc prices will now shortage of supply, London zinc higher up $44, declining domestic zinc smelting process cost to reduce production, within Shanghai zinc or stabilizing, expected today is zinc prices rise.

【 Of zinc market] Zinc London opened in 2254. 5 dollars/tons, Asian time Aaron zinc stability running at $2260 / ton, near a line afternoon 15:00, speculators long continuous accumulating booster zinc upward; Europe and the United States time Aaron zinc focus continued upward slightly higher than the $2308 / ton and leveled off, in late 2298. $5 dollars/ton, up 44, or 1. 95%, volume 11802, an increase of 482 hand holdings 337076 4114; Night Shanghai zinc main 1611 contracts in 17975 yuan/ton, up to 18160 yuan/ton, the lowest 17905 yuan/ton, eventually closed at 18100 yuan/ton, up 280 yuan, up 1. Decreased 57%, volume 183998, 211302, 262316 holdings reduce 4172 hands.

( ) Zinc prices today spot market forecast: speculators betting will now shortage of supply, and China will rise in the expected demand for industrial metals, boost Aaron zinc after a second straight day, night Shanghai zinc main 1611 strong drive movements; In August, according to data from the National Bureau of Statistics (NBS) fell 2 domestic zinc production. 8% to 51. 70000 tons, domestic zinc smelter refined zinc production slowdown, short-term zinc fundamentals, effectively forecast today zinc spot prices.
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