Zinc price trend
| ferric sulfate (Poly ferric sulphate) |
According to the data monitoring of business agency, the zinc price rose in a wide range in November, and the zinc market rose. As of November 16, the average price of zinc was 20650.00 yuan / ton, which was 2.63% higher than that of November 1, 20120.00 yuan / ton.
Export data of household appliances
Commodity name: unit of measurement: September 2020 January to September 2020 accumulative period: January to September 2019: 1 to current month% compared with the same period last year
Quantity amount quantity amount quantity amount quantity amount
Household appliances: 34245.5 453.7 239199.4 3246.9 221169.7 2768.2 8.2 17.3
According to the statistics of the General Administration of Customs of China, the export volume of household appliances in September was 342.455 million units, and the total export volume from January to September was 2391.994 million units, with a cumulative increase of 8.2% over the same period of last year, and the export volume and amount increased significantly year on year. The demand for zinc ingot in home appliance industry is rising, and the market of zinc is increasing.
Car production data
According to the statistics of the China Academy of Commerce and industry, in October 2020, the production and sales of automobiles will reach 2.522 million and 2.573 million respectively, with a month on month increase of 0.9% and 0.1% respectively, and a year-on-year increase of 11.0% and 12.5%. Since the second quarter of 2020, the domestic automobile output has been steadily rising, and the domestic automobile industry has recovered. The demand for zinc ingots in the automobile industry is rising, which is good for the zinc market.
Analysis, review and Prospect
According to Bai Jiaxin, an analyst at the business agency, zinc ingots are widely used, which can be divided into several categories: infrastructure, household appliances, automobiles, etc. From the export data of home appliances, it can be seen that the domestic home appliance market is more favorable, the demand for zinc market is rising, and the auto industry market is gradually warming up, which is further favorable to the zinc market. Although the infrastructure construction has declined due to the impact of the epidemic, with the recovery of domestic economy, the infrastructure construction has gradually recovered, and the negative effect on the zinc market demand has weakened. Generally speaking, the recovery of home appliance export and automobile industry stimulated the demand of zinc market, and the upward momentum of zinc market increased. Zinc prices are expected to rise in the future.
| Benzalkonium chloride |