The Latest Market Price of Zinc Metal
Although the price of zinc metal has not fluctuated significantly, it is still difficult to move goods, and the number of transactions is flat, which makes the zinc market continue to show a weak state.
Near the end of the year, the overall price of tin market remained stable, however, the end demand is difficult to increase volume. Downstream users show low enthusiasm in stocking high purity zinc, which further aggravates the cold atmosphere of the market.
From the perspective of demand, high purity zinc has a wide range of applications in a number of industries, but the demand for zinc in these industries has failed to show significant growth momentum in the past week. Whether it is compound semiconductors, infrared luminous materials or other emerging fields, the purchase zinc metal is relatively cautious.
The reason for this situation, in addition to the supply and demand relationship of the market itself, is also closely related to the stocking strategy of downstream buyers and the macroeconomic environment. At the end of the year, buyers tend to pay more attention to the withdrawal of funds and inventory control, and take a more conservative attitude to the procurement of raw materials.
In conclusion, the recent price of zinc metal continues to be weak, and the price is flat but the transaction is difficult. In the future, with the arrival of the year-end and the continued weakness of market demand, the zinc market may continue to face challenges.
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