On September 6, the zinc market rose

On September 6, zinc price rose

 

Gamma-PGA (gamma polyglutamic acid)

According to the data monitoring of the business association, the zinc price rose on September 6, and the zinc market rose. On September 6, the average market price of zinc ingots in East China was 24876 yuan / ton, up 1.49% from 24510 yuan / ton on the previous trading day, up 8.96% year-on-year.

 

Key points of analysis

 

The data released by the Shanghai Futures Exchange show that the inventory of zinc futures in Shanghai has continued to decline recently. On September 6, the inventory decreased to 49253 tons, falling to a new low in seven months. The inventory of zinc market decreased, and the momentum of zinc market increased.

 

Future forecast

 

Domestic zinc market inventory decreased, London zinc inventory increased, zinc market supply decreased slightly, and zinc price is expected to rise slightly in the future.

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