Zinc price fell on May 26

Zinc market fell on May 26, according to the monitoring data of zinc market. On May 26, the price of zinc was 25524 yuan / ton, down 0.83% from 25738 yuan / ton on the previous trading day; The price of zinc fell on the 26th; Compared with 2021, the price of zinc increased by 12.47% year-on-year.

Key points of analysis

LME zinc ingot prices fell at night, opening at $3778.5/t, and closing at $3757.5, down $11, or 0.29%. The improvement of raw material supply has driven the increase of refined zinc supply, the terminal consumption has not been significantly improved, and the downward pressure of zinc price has increased.

Future forecast

The consumption is less, the transaction is light, and the downward pressure of zinc price is large. It is expected that the zinc price will fluctuate and fall in the future.