Zinc fundamentals can still support zinc prices need not be overly pessimistic [selected from SMM Zinc Weekly]_SMM
[SMM Zinc Weekly report selected: zinc fundamentals can still support zinc prices need not be overly pessimistic] SMM expects to produce about 520000 tons in November. At the same time, we are optimistic about the resilience of consumption. on this basis, with the gradual recovery of consumption, the domestic social treasury will continue to go to the treasury. On the whole, fundamentals can still provide support, the current zinc price need not be pessimistic, it is expected that Shanghai zinc will run at 22500-24000 yuan / ton, and the domestic spot price of Shanghai zinc will rise about 300...