China’s domestic metal zinc market on September 4

On September 4, the metal zinc market in the domestic market fell. The average price of metal zinc in the domestic spot market was 21,882.50 yuan / ton, down 1.17% from the previous trading day; the average ex-factory price was 22,394.29 yuan / ton, compared with the previous trading day. The price fell by 1.01%.

On September 3, the zinc (market) commodity index was 126.48, which was the same as yesterday, which was 18.80% lower than the highest point of 155.77 points (2017-10-09) in the cycle, which was 74.99 higher than the lowest point of 72.28 on November 22, 2015. %. (Note: Period refers to 2011-09-01 to date).

On September 4, the price of zinc fell. After the price of zinc rose for a week, the price of zinc began to fall slowly on September 3 and 4, and the price fell by 260 yuan/ton. The overall demand of the zinc market has not changed significantly, the market performance is struggling, and the zinc market has low inventory. On September 3, the inventory of zinc ingots in the Shanghai futures market was 2,476 tons, and the inventory was reduced by 152 tons. The market activity of zinc ingots was poor, and the overall transaction volume was low. In the absence of significant improvement in market demand, zinc prices continued to rise, inhibiting the activity and enthusiasm of trading zinc, and the price of zinc was weak. However, the inventory of futures zinc ingots is at a low level, and the market supply has not increased significantly. The zinc price growth in the market is weak, but the supply is limited, and the price is difficult to fall sharply. It is expected that the zinc price in the market will fluctuate.

sodium bisulfite

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>