Price trend

According to the data monitoring of SunSirs, the price of zinc rose on September 6, and the market price of zinc rose. On September 6, the average market price of zinc ingots in East China was 24,876 RMB/ton, an increase of 1.49% from the previous trading day's 24,510 RMB/ton, and an increase of 8.96% year-on-year.

Analysis review

According to data released by the Shanghai Futures Exchange, the recent Shanghai zinc futures inventory continued to decline, and the inventory decreased to 49,253 tons on September 6, falling to a new seven-month low. Inventories in the zinc market fell, and the rising momentum in the zinc market increased.

Market outlook

The domestic zinc market decreased, the London zinc inventory increased, and the zinc supply decreased slightly. It is expected that the zinc price will fluctuate upward slightly in the future.

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