2025年11月11日锌市场日报

基础金属	铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁
稀有金属	稀土稀土矿稀土氧化物稀土金属钕铁硼稀散金属锑铋铟锗镓硒钽锆贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒
新能源	锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

基础金属

铜电解铜铜精矿铜管铜棒废铜铜排铜合金精铜杆再生铜杆铜板带铝铝土矿氧化铝电解铝铝辅料铝棒铝合金锭废铝铝杆铝型材铝板卷铅铅精矿铅锭铅蓄电池再生精铅还原铅废铅蓄电池铅合金锌锌精矿电解锌锌合金氧化锌锌粉锡锡精矿锡锭锡材镁

稀有金属

稀土稀土矿稀土氧化物稀土金属钕铁硼 稀散金属锑铋铟锗镓硒钽锆 贵金属白银钨钨精矿 APT(仲钨酸铵)钨粉碳化钨钨酸钠钨条钨铁钨材钼钼精矿工业氧化钼钼铁钼化工高纯三氧化钼钼金属钛钛精矿钛渣四氯化钛海绵钛钛金属钛白粉硒

新能源

锂锂矿锂化合物金属锂镍镍矿镍铁精炼镍镍盐高冰镍 MHP 钴电解钴钴粉氯化钴四氧化三钴硫酸钴钴中间品氧化钴碳酸钴钴酸锂锰锰矿电解锰电池级硫酸锰 锂电正负极三元前驱体磷酸铁正极材料石油焦针状焦包覆沥青人造石墨硅碳负极硅氧负极硅

2025年11月11日锌市场日报

2025-11-11 17:37:44 来源：北方有色网责任编辑：石林

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一、价格汇总

二、影响因素分析
需求端
下游镀锌、压铸等行业需求疲软态势持续，宏观经济不确定性因素仍存，终端消费市场活力不足，企业订单量未现明显改善。相关企业对锌锭采购保持谨慎，多按需采购，锌价缺乏需求端强劲支撑，整体需求面难以推动锌价持续大幅上行。房地产行业持续拖累锌消费的影响仍在，今日需求端表现依旧疲软，未对价格形成有效提振。
供应端
冶炼企业生产整体稳定，原料供应小幅波动未对市场造成实质性影响，市场货源充足。贸易商受前期锌价波动影响，出货意愿较强，市场供应量相对充裕。今日国内部分区域锌价上涨但整体供应宽松的格局未改，尽管海外市场存在库存极低的情况，但国内市场货源充足，对锌价形成抑制。同时，国内北方矿山季节性减产的影响尚未完全显现，冶炼厂原料库存整体较为充裕，进一步强化了供应端的宽松格局，此格局在今日延续。
三、后市展望
短期内，锌锭市场价格走势仍由供需关系主导。当前下游需求疲软、供应端维持宽松的格局尚未改变，今日部分区域价格上涨后缺乏持续上行动力。若后续需求端无明显改善、供应端保持充足，锌价上涨动力不足，存在回调压力；若有政策利好释放（如基建投资加码带动镀锌需求回升）或供应端突发性变化（如冶炼厂集中检修、原料供应大幅收紧）导致供应收缩，锌价则有望逐步企稳甚至反弹。

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2025年11月11日锌市场日报

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