Group 1 - The core viewpoint of the articles indicates that zinc prices are expected to remain strong due to low processing fees for zinc concentrate and limited production, despite some pressure from recent adjustments in trading rules [1][2] - Overnight, London zinc prices increased by 0.51%, closing at $3,376 per ton, with a trading volume of 14,032 lots, reflecting a rise in market activity [1] - The Shanghai zinc market also showed strength, with the main contract closing at 25,320 yuan per ton, up 0.42%, indicating a positive trend in domestic prices [1] Group 2 - On the macroeconomic front, the Federal Reserve maintained its benchmark interest rate at 3.50%-3.75%, which has led to a slight rebound in the US dollar, although this has had a limited impact on zinc prices [1] - The domestic zinc concentrate processing fees remain low, causing smelting profits to fall below cost levels, which has constrained production and tightened supply, thereby supporting zinc prices [2] - Demand for zinc is expected to weaken as the seasonal slowdown approaches the Chinese New Year, but some traders are still actively purchasing low-priced sources, stabilizing transactions [2]
长江有色：有色金属板块上涨行情延续 29日锌价或续涨
Xin Lang Cai Jing·2026-01-29 03:16