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This article via: Weather and zinc surge.

Weather conditions affecting the production of zinc surged Lun Laptop battery

January 29 LME aluminum soared, the market for China and South Africa worried about smelter’s power supply. Zinc opened at 2280.0 U.S. dollars / ton, sharply higher to close at 2365.5 U.S. dollars / ton, up 90.0 U.S. dollars, or 3.96%, trading at 2280.0-2377.5 U.S. dollars / tons, compared with the previous day closing active Masukura 575 hand.

Technically, the 60-day moving average konica minolta np-700 vgp-bps9/s , konica minolta np-900 of long-term stress is still large, the price is still pre-shock interval at the bottom of a rebound. Stockpiles, LME zinc stocks rose 250 tonnes to 110,425 tons, 4875 canceled warrants, inventory write-off more than 4.41%. Inventories and hold down the period of zinc rose.

U.S. stocks rise, boosted the base metals market. U.S. stocks January 29 the U.S. stock market closed higher on expectations the U.S. Federal Reserve will again cut interest rates boost the economy, encourage banking, insurance and home builder stocks rally further.

News, South Africa, too much rain sony VGP-BPS15/S, sony vgp-bps9/s, sony VGP-BPL15 there emerged in China in the snow, so that power shortages will continue to limit the production of metal prices remains a key potential bullish impact; and rising coal prices mean that China’s energy costs will certainly rise, so that some of China’s high-cost smelters under pressure, the Chinese Lunar New Year since the ban on the export of coal for at least two weeks in order to help address the shortage of electricity caused by heavy snow. On the data front, the United States in December durable goods orders data on Tuesday also support factors; the U.S. Commerce Department announced that the United States in December durable goods orders increased 5.2%, seasonally adjusted to 226.6 billion U.S. dollars, analysts had forecast growth of 2.1% for the . In addition, the market is waiting for Federal Reserve interest rate decisions. Some sony VGP-BPL15/B analysts say that if less than 50 basis points rate cut will lead to base metals sell-off.

Shanghai zinc after midday yesterday, the trend of lightning, adjourn the daily limit above adjourn the amount of up to five thousand hands, turnover is still very active, hands position greatly reduced 4914. As the electricity supply shortage, triggering short-term shortage of supply has become an important reason for closure in the daily limit is one sony VGP-BPL15/S. But overall speaking, Shanghai zinc still wide in shock.

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