SMM: Stok Ingot Seng Tidak Berubah dari 20 Juli, Sedikit Turun dari 23 Juli

[Shanghai Zinc: Trader Offers Firm, Premiums Stable MoM] Today, mainstream transaction prices of #0 zinc were concentrated in the range of 24,760-24,870 yuan/mt, Shuangyan mainstream transactions at 24,900-25,000 yuan/mt, and #1 zinc mainstream transactions at 24,690-24,800 yuan/mt. In early trading, the market quoted premiums of 10-30 yuan/mt against SMM average price for cargoes with invoices dated next month, with no quotes against the futures prices yet...

[Ningbo Zinc: Downstream Largely on the Sidelines, Overall Spot Trades Sluggish] Transaction prices of mainstream brand 0# zinc in Ningbo were around 24,760-24,860 yuan/mt. Regular brands in Ningbo were quoted at a premium of 20 yuan/mt against the 2608 contract and at a premium of 15 yuan/mt against Shanghai spot cargoes. Quotations in Ningbo were mainly against the 2608 contract...

[SMM Zinc Morning Comment] Jumat lalu, kontrak SHFE zinc 2609 yang paling aktif dibuka pada 24.785 yuan/ton. Pada awal perdagangan, SHFE zinc sempat turun ke level terendah 24.785 yuan/ton, kemudian pihak bull menambah posisi, mendorong SHFE zinc naik perlahan dan menyentuh level tertinggi 24.915 yuan/ton. Setelah lonjakan tersebut, bull merealisasikan keuntungan dan keluar, menyebabkan harga berangsur turun kembali di bawah garis rata-rata harian. Menjelang akhir sesi, harga sedikit stabil dan terkonsolidasi, akhirnya ditutup menguat di 24.810 yuan/ton, naik 25 yuan/ton atau 0,10%. Volume perdagangan meningkat menjadi 42.647 lot, dan posisi terbuka bertambah 3.089 lot menjadi 111.000 lot.