2025年11月27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27日锌市场日报

2025-11-27 17:27:19 来源：北方有色网责任编辑：石林

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一、今日锌锭价格汇总

二、今日市场影响因素分析
需求端：疲软态势延续
下游主力消费领域（镀锌、压铸）受宏观经济不确定性、终端消费不足影响，企业订单改善有限，今日仅以刚需补库为主，未形成拉涨动力；
房地产行业拖累持续，建筑用锌需求无明显回暖，进一步削弱需求端支撑，整体表现疲软。
供应端：宽松格局强化冶炼企业生产稳定，原料波动未干扰供应，厂内货源充足；贸易商出货意愿较强，市场流通货源充裕；北方矿山季节性减产影响尚未显现，冶炼厂原料库存高位，叠加海外低库存传导有限，今日供应宽松格局进一步压制价格。
三、后市展望
短期内，锌价仍受 “需求疲软 + 供应宽松” 核心逻辑主导：尽管今日华东地区价格小幅上涨，但缺乏持续反弹动力，预计接下来将维持区间震荡走势。后续需重点关注下游订单边际改善、供应端库存变化的潜在影响。

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2025年11月27日锌市场日报

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