View on zinc market trend on February 10

Zinc prices rose sharply on February 10

 

Thiourea

According to the data monitoring of business agency, the zinc price rose sharply on February 10, and the zinc market rose. On February 10, the price of zinc was 25620 yuan / ton, up from 25196 yuan / ton on February 9 of the previous trading day. Zinc market picks up.

 

Key points of analysis

 

After the festival, the zinc market rose, the willingness to replenish stocks in the downstream increased, the construction of downstream galvanizing enterprises was low, and the demand of zinc market warmed up; High electricity price supports smelting cost and spot zinc price. London zinc night market prices rose sharply, which was good for the domestic zinc market.

 

Future forecast

 

Demand returned to cost support, and the zinc price fluctuated and rose in the future.

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