长江有色：6日锌价下跌 今日实际交投疲软

Group 1 - The domestic zinc prices have declined today, with the Shanghai zinc futures showing a decrease of 250 yuan/ton, closing at 24,450 yuan/ton, a drop of 1.01% [1] - The trading volume for the Shanghai zinc 2603 contract decreased by 40,788 lots, while the open interest fell by 4,676 lots, indicating reduced market activity [1] - The average price for 0 zinc in the domestic market is reported at 24,550 yuan/ton, down by 40 yuan, while 1 zinc averaged 24,460 yuan/ton, also down by 40 yuan [1] Group 2 - Macroeconomic factors show mixed signals from the US economy, with weak employment data but concerns over high inflation and potential hawkish tendencies from the new Federal Reserve chair nominee, impacting risk assets negatively [2] - Global stock markets are weakening, and geopolitical uncertainties are affecting market sentiment, leading to a slowdown in zinc price declines [2] - The Canadian mining company, Ivanhoe Mines, is in discussions to include high-grade zinc concentrate from the Kipushi mine into the US "Project Vault" strategic reserve, which may support zinc prices amid supply disruptions [3] Group 3 - Domestic zinc concentrate processing fees are at low levels, and many galvanizing enterprises are halting production for the Spring Festival, leading to an increase in social inventory and weak market demand [3] - The overall sentiment in the zinc market is influenced by macroeconomic conditions and weak terminal consumption, with expectations of continued range-bound and downward movement in zinc prices [3]