SunSirs: Shanghai Futures Market Zinc Ingot Quotation on August 23rd
August 24 2023 14:48:26 SunSirs (John)
Price trend
On August 23rd, the price of zinc ingots in the Shanghai futures market increased. On August 23rd, the opening price of zinc ingots was 20,390 RMB/ton, and the closing price was 20,395 RMB/ton. The settlement price was 20,355 RMB/ton, and the settlement price on the previous trading day was 20,240 RMB/ton. The price of zinc ingots in the Shanghai futures market was increased by 155 RMB/ton.
Analysis review
The price of zinc in the Shanghai market had risen, and the enthusiasm for spot zinc trading was average. The upward momentum of spot zinc prices had increased, and downward pressure still existed.
Market outlook
. In the future, zinc prices will fluctuate and consolidate.
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