Shanghai Zinc spot News on April 29: the market is dominated by shipments, and the water supply has not changed much.

Published: Apr 29, 2019 12:10
SMM April 29: Shanghai 0 # zinc mainstream transaction 21760 ≤ 21800 yuan / ton, Shuangyan transaction at 22060 ≤ 22080 yuan / ton, 0 # ordinary water reported in May 50 ≤ 80 yuan / ton; Shuangyan reported rising water 330 ≤ 380 yuan / ton. 1 # mainstream transactions in 21680 ≤ 21750 yuan / ton.

SMM, 29 April:

Shanghai 0 # zinc mainstream traded 21760 ≤ 21800 yuan / ton, Shuangyan traded at 22060 ≤ 22080 yuan / ton, 0 # ordinary reported 50 ≤ 80 yuan / ton in May, and Shuangyan reported 330 ≤ 380 yuan / ton. 1 # mainstream transactions in 21680 ≤ 21750 yuan / ton. Shanghai Zinc 1905 contract bottomed out and rose to close at 21750 yuan / ton in the morning. The last two working days before the festival, due to cost considerations, superimposed look weak after the market rising water, the market is more active, at the same time, some traders between the new long single transaction suspended, the overall to ship mainly, downstream stock slightly improved. The market quotation stabilized at about 80 to 100 yuan / ton in the same month, and the transaction was concentrated in about 70 to 80 yuan / ton, while next month it was reported to be about 60 to 70 yuan / ton, and the transaction converged. The second trading period part of the high hanging source transactions moved down to about 50 yuan / ton, the overall more stable, and imported zinc has been basically digested, rarely quoted, the overall market transaction is general, the volume of transactions is about the same as last Friday.

Brand #

Transaction interval

1905

Double swallow

22060 22080

Water lift 330? 380?

Galloping

21900-21950

Water 200 / 220

Qin Zn, Kirin, Jiulong, Yuguang

21760 ≈ 21800

Water 50 / 80

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