snook| Yangtze River Nonferrous Metals: Zinc prices rose on the 24th, and the sentiment of price holders returned

Today's Shanghai zinc futures trend: Today's Shanghai zinc futures fluctuated highersnook, the opening price of the month's contract Shanghai Zinc 2406 was 24370 yuan, the intraday high was 24690 yuan, the low was 24360 yuan, and the settlement price was 24535 yuan, closing at 24625 yuan/ton, up 255 yuan, or 1.05%. The trading volume of Shanghai Zinc 2406 contracts for today's month was 23953 lots, and the position of 30328 lots decreased by 2326 lots. The Shanghai zinc 2407 contract closed at 24725 yuan/ton, up 250 yuan, or 1.02%. The trading volume was 213274 lots, and the open position was 123335 lots increased by 2020 lots. Beijing time 15snook:00, the latest price of Lenzinc was quoted as US$3,076.5, up US$24.

According to statistics on today's ccmn zinc price, today's ccmn Yangtze River Comprehensive 0 #zinc price is 24,420 - 24,520 yuan/ton, with an average price of 24470 yuan, up 200 yuan. The 1 #zinc price is 24,340 - 24,440 yuan/ton, with an average price of 24390 yuan, up 200 yuan; Guangdong South Storage No. 0 zinc reported 24,180 - 24,480 yuan/ton, with an average price of 24330 yuan, up 190 yuan. No. 1 zinc reported 24,110 - 24,410 yuan/ton, with an average price of 24260 yuan, up 190 yuan. Today's spot zinc market prices for 0#zinc are between 24410- 24,520 yuan/ton, and for 1#zinc is between 24,340 - 24,440 yuan/ton. Compare the Shanghai Zinc 2406 contract with 0#zinc premium 145-premium 35 yuan/ton, the 1#zinc premium 215-premium 115 yuan/ton, and the Shanghai Zinc 2407 contract with 0#zinc premium 240-premium 130 yuan/ton, and the 1#zinc premium 310-premium 210 yuan/ton.

ccmn zinc market analysis: Domestic spot zinc prices rose today. In the past few days, market sentiment deteriorated due to the hawking signal from Federal Reserve officials, and the price of copper, the most important part of the non-ferrous plate, fell, driving other metals to generally fall. However, domestic real estate stimulus policies continue to be implemented, and the market is interested in the recovery of consumption prospects. Expectations for recovery are strong. Shanghai zinc fluctuated higher during the day and gradually recovered previous declines. The spot market followed the market to raise prices, price support sentiment returned, downstream fear of high prices continued, and purchasing enthusiasm was not high. The main focus is on more and less replenishment on demand, and spot transactions have improved slightly due to the boost of stocking over the weekend. (Changjiang Nonferrous Metals Network www.ccmn.cn Tel: 0592-5668838)