Home / Metal News / [brief Review of Zinc in SMM period] Zinc continues to fluctuate in the period when it is easy to rise and difficult to fall.

[brief Review of Zinc in SMM period] Zinc continues to fluctuate in the period when it is easy to rise and difficult to fall.

iconJul 21, 2020 16:49
Source:SMM

SMM7 March 21: daily Shanghai zinc main 2009 contract opened at 17850 yuan / ton, mid-day zinc fluctuations in a narrow range to 17820 yuan / ton as the axis 50 yuan / ton range. The final closing price rose to 17840 yuan / ton, up 215 yuan / ton, or 1.22%. The trading volume increased by 11424 lots to 122000 lots, and the position increased by 2445 lots to 80982 lots. A long period of zinc close on the positive pillar, the continuation of the range shock market, in the economic recovery cycle, consumption optimism is expected to occupy a dominant position, mine-end supply is not big at present, zinc is expected to continue to fluctuate in the evening.

 

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