Zinc zinc review: period rise slow spot or not or zinc prices today
【 Of zinc market] Zinc London opened in 2329. 5 dollars/ton, 2318, the Asian session by onshore renminbi fell more than six years of low boost, Aaron zinc volatility climb higher than the intraday high of $2363 / ton; Europe and the United States time oil rose by more than 3% to 15 months closing high, zinc high consolidation in a $2335 / ton, late or narrowing trend stability, eventually closed at $2333 / ton, up to 3. $5, or 0. 15%, volume 9458, an increase of 2252 hand holdings 328677 2443; Night Shanghai zinc main 1611 contracts in 18300 yuan/ton, up to 18360 yuan/ton, the lowest 18180 yuan/ton, eventually closed at 18275 yuan/ton, up $5, or 0. Decreased 03%, volume 64038, 65552, 155692 holdings reduce 3906 hands.
( ） Zinc prices today spot market forecast: onshore renminbi fell more than six years of low boost basic metal, night Shanghai main lead high jumpy, movements of late to recover some of their gains stable; The high zinc prices or stimulate the part of the high cost of zinc recovery capacity, raw material supply side the tightness will be eased, situation or slow rising of zinc, zinc forecast today's spot prices went sideways.
industry, Indian vedanta group reported third quarter production reports, data showed that its zinc concentrate production in mines is still shrinking, zinc concentrate production total 20 in the third quarter. 80000 tons, compared with the reduce of 27. In the second quarter of 5%, but on yield increase. Remove the Irish Lisheen shut down lead to declining production, domestic zinc concentrate production will gradually restored, the high grade in open-pit mine is still the main source of production increases.