ancientfortunesposeidonmegawaysfindingthebestonlinecasino| Shanghai zinc prices fell 1.87%: spot market trading was sluggish and expected to remain high next week

editor 2024-04-19 3次阅读

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[Spot zinc prices fell]

April 19ancientfortunesposeidonmegawaysfindingthebestonlinecasino, Fubao Nonferrous Metals. com released a newsletter saying that spot zinc prices fell this week. As of the 19th, the spot price range of Fubao No. 0 zinc was 22,370 - 22,470 yuan/ton, a decrease of 420 yuan/ton from the previous week, and the weekly decline reached 1.1%.ancientfortunesposeidonmegawaysfindingthebestonlinecasino.87%。

ancientfortunesposeidonmegawaysfindingthebestonlinecasino| Shanghai zinc prices fell 1.87%: spot market trading was sluggish and expected to remain high next week

Although the sharp rise in zinc prices in Shanghai last week shifted the center of gravity of zinc prices, this rise did not continue. As refinery profits have been restored, but downstream purchasing willingness has been significantly reduced, spot market transactions appear relatively deserted. At the same time, the international situation was unstable and market risk aversion was heating, pushing the US dollar above 106. However, market speculation is still high, and Shanghai zinc prices are trading around 22,600 yuan.

As the May Day holiday approaches, it is expected that market stocking will continue to have a certain supporting effect on zinc prices. Looking forward to next week, Shanghai zinc prices are expected to continue to operate at a high level. Investors should pay attention to the price range of 22,000 to 23,000 yuan.