June 29 Shanghai Zinc spot Express: cargo traders actively ship goods to realize spot water rapid adjustment

SMM, 29 June:

Shanghai 0 # zinc mainstream traded 23420 ≤ 23500 yuan / ton, 0 # ordinary brand rose 60 yuan / ton to Shanghai zinc 1807 contract, and Shuangyan rose 100 to 130 yuan / ton in July. 1 # mainstream transactions at 23300 ≤ 23350 yuan / ton. Shanghai zinc 1807 contract around 23250 yuan / ton narrow consolidation, early trading at 23250 yuan / ton. Zinc prices stopped falling and rebounded, refinery shipments slightly improved, early market traders habitually raised prices, about 90 yuan / ton in July, but close to the weekend, coupled with the face of cross-month, at the end of half a year, traders actively cleared inventory and realized it. While the performance of zinc futures and spot water rise is still relatively strong, shippers are relatively cautious, more wait-and-see from the market, few recipients, into the second trading period spot water rise rapid downward, heard that there is a small amount of water 50 ≤ 60 yuan / ton transactions. While the downstream wait-and-see, few days to enter the market, market trading by traders, the volume of transactions decreased slightly compared with yesterday.

Brand #

Transaction interval

1807

23460 $23500

Water lift 100 / 130

Qin Zn, Jiulong, Yu Guang

23420 ≈ 23460

Water lift 60 / 80

Hongye, copper crown

22340 ≈ 23400

Flat water-lift 10

AZ 、 YP

23310 ≈ 23370

Water 30 × 20

India, Spain

23210 ≈ 23270

Water 140-Water 130