SunSirs: Zinc Ingot Quotation in Shanghai Futures Market on November 14th
November 15 2023 13:46:52 SunSirs (John)
Price trend
On November 14th, the price of zinc ingots in the Shanghai futures market rose. On November 14th, the opening price of zinc ingots was 21,660 RMB/ton, and the closing price was 21,590 RMB/ton. The settlement price was 21,610 RMB/ton, and the settlement price on the previous trading day was 21,560 RMB/ton.
Market outlook
The price of zinc ingots in the Shanghai futures market was increased by 30 RMB/ton. 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 in the future is increasing, and downward pressure still exists, causing zinc prices to fluctuate and consolidate.
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