长江有色：期市氛围偏暖及有色品种普涨带动 26日锌价或上涨

Group 1 - The core viewpoint of the articles indicates that the zinc market is experiencing upward momentum, driven by rising prices in related metals such as tin and nickel, as well as a slight reduction in zinc inventory in Shanghai [1][2] - The London zinc price increased by 1.11%, closing at $3269 per ton, with a trading volume of 9468 lots and an open interest of 230166 lots, reflecting a slight increase [1] - The macroeconomic environment remains unstable due to geopolitical tensions, particularly between the US and Iran, which has led to increased oil prices and a generally optimistic outlook on US monetary policy [1] Group 2 - According to the International Lead and Zinc Study Group (ILZSG), the global zinc market deficit widened from 2800 tons in October to 7700 tons in November [2] - Domestic zinc production is affected by winter shutdowns in northern mines, although the import of zinc concentrate has recently turned profitable, reopening the import window after six months [2] - The domestic zinc smelting industry is facing increased losses, leading to further production cuts, while the market sentiment for zinc concentrate has improved due to the recovery of import price ratios [2]