> 数据图表我想了解一下中上游利润回归，供应压力逐步凸显2025-5-1中上游利润回归，供应压力逐步凸显◆锌矿生产利润偏高位，国内炼厂冶炼利润已经得到显著修复，促进供应放量。Special report on Guotai Junan Futures5757数据来源：SMM、同花顺、国泰君安期货研究所冶炼利润（考虑副产品）净冶炼利润元/吨320022001200200-800-1800-28006/41029/410221/41023/51026/51029/510221/51023/61026/61029/61023/71026/71029/710221/61023/81026/81029/810221/710221/81023/91026/91029/910221/91023/02026/02029/02023/12026/12029/120221/020221/12023/22026/22029/22023/32026/32029/320221/220221/32023/42026/42029/42023/520221/4202锌精矿企业生产利润20212022202320242025元/吨1400012000100008000600040002000020-1041-1062-1070-2091-2030-3051-3072-3090-4012-4060-5081-5003-5011-6032-6050-7071-7092-7001-8022-8030-9051-9072-9061-0182-0190-1112-1130-2151-2172-21元/吨Zn50国产TC(月)-平均价港口+冶炼厂库存万吨550050004500400035003000250020001500100020-220240-220260-220280-220201-220221-220220-320240-320260-320280-320201-320221-320220-420240-420260-420280-420201-420221-420220-520285756555453525元/吨8006004002000-200-400-600TC环比变化锌精矿平衡万吨83-2-7-1220-220240-220260-220280-220201-220221-220220-320240-320260-320280-320201-320221-320220-420240-420260-420280-420201-420221-420220-5202国内锌产量201720222018202320192024202020252021万吨65605550454001-31 02-28 03-31 04-30 05-31 06-30 07-31 08-31 09-30 10-31 11-30 12-31国泰君安期货能源矿产
