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May 2 Shanghai Zinc spot News: more market less wait-and-see mood is stronger

iconMay 2, 2018 12:09
Source:SMM
SMM May 2: Shanghai 0 # zinc mainstream transactions in 23,990 ≤ 24060 yuan / ton, 0 # ordinary brand on Shanghai zinc 1806 contract reported 240 ≤ 260 yuan / ton; 0 # Shuangyan reported 150 × 170 yuan / ton in May and 260 × 280 yuan / ton in June. there is little circulation in the market. 1 # mainstream transactions at 23,950 ≤ 24,000 yuan / ton.

SMM May 2: Shanghai 0 # zinc mainstream transactions in 23,990 ≤ 24060 yuan / ton, 0 # ordinary brand on Shanghai zinc 1806 contract reported 240 ≤ 260 yuan / ton; 0 # Shuangyan reported 150 × 170 yuan / ton in May and 260 × 280 yuan / ton in June. there is little circulation in the market. 1 # mainstream transactions at 23,950 ≤ 24,000 yuan / ton. Shanghai zinc 1805 contract fell at the beginning of the session, after the ladder higher, closing at 23780 yuan / ton in early trading. After the festival, zinc prices low part of the refinery still cherish the sale; Traders are mainly shippers, because the price difference between May and June fluctuates frequently in the morning market, coupled with the large gap between the purchase and sale prices of 05 contracts, traders' quotations are more confused. after that, the main quotation in the market is to quote in June, because the rising water is still high. Some traders are bearish after the market rising water, the market out of less wait-and-see mood is stronger; However, the downstream is still dominated by rigid demand procurement, the market activity is relatively limited, the market transaction is weak.

Brand #

Transaction interval

1806

Shuangyan, Chihong

Rising water 260 x 280

Jiulong, Qin Zn, Kirin, Yu Guang

23,990 ≈ 24040

Rising water 240 / 260

Zinc
noon

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