SunSirs: Zinc Ingot Quotation in Shanghai Futures Market on October 25th
October 26 2023 13:45:45 SunSirs (John)
Price trend
On October 25th, the price of zinc ingots in the Shanghai futures market increased. On October 25th, the opening price of zinc ingots was 21,085 RMB/ton, and the closing price was 21,240 RMB/ton. The settlement price was 21,150 RMB/ton, and the settlement price on the previous trading day was 21,020 RMB/ton. The price of zinc ingots in the Shanghai futures market was increased by 220 RMB/ton.
Market outlook
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 the downward pressure had weakened. In the future, zinc prices will fluctuate and consolidate.
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