SunSirs: The Quotation for Zinc Ingots in the Shanghai Futures Market on January 25th
January 26 2024 14:38:16 SunSirs (John)
Price trend
On January 25th, the price of zinc ingots in the Shanghai futures market rose. On January 25th, the opening price of zinc ingots was 21,390 RMB/ton, and the closing price was 21,355 RMB/ton. The settlement price was 21,325 RMB/ton, and the settlement price on the previous trading day was 21,105 RMB/ton. The price of zinc ingots in the Shanghai futures market had increased by 250 RMB/ton.
Market outlook
The price of zinc in the Shanghai market had risen, and the trading enthusiasm in the spot zinc market was average. The upward momentum of spot zinc prices in the future was increasing, and downward pressure still existed, causing zinc prices to fluctuate and consolidate.
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