长江有色：8日锌价下跌 持货商出货意愿偏强

Group 1 - The core viewpoint of the articles indicates a downward trend in zinc prices, influenced by macroeconomic factors and supply-demand dynamics [1][2][3] Group 2 - Today's Shanghai zinc futures showed a decline, with the main contract closing at 23975 yuan/ton, down 330 yuan or 1.36% from the previous day [1] - The trading volume for the Shanghai zinc 2602 contract decreased by 35924 lots to 151811 lots, while open interest fell by 7852 lots to 83751 lots [1] - The average price for domestic spot zinc was reported at 24200 yuan/ton, down 120 yuan, with similar declines observed in other grades of zinc [1] Group 3 - On the macroeconomic front, mixed signals from the US labor market and service sector indicators have led to expectations of continued loose monetary policy from the Federal Reserve, putting pressure on the dollar [2] - Geopolitical risks, particularly those stemming from Trump, have created uncertainty, leading to a withdrawal of long positions and a decline in international oil prices, which in turn negatively impacted zinc prices [2] Group 4 - Zinc ore supply remains tight, with low processing fees for domestic zinc concentrate and a shortage of domestic ore supply [3] - Despite reduced demand from smelters due to maintenance and production cuts, the processing fees for zinc ore have shown signs of stabilization [3] - The overall market sentiment has turned bearish, with expectations of high-level adjustments in zinc prices in the short term [3]