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March 27 Shanghai zinc spot news: zinc futures fall back slightly in the market trading slightly warmed up

iconMar 27, 2019 11:38
Source:SMM
SMM, March 27th: Shanghai 0# zinc mainstream transaction is 22800-22920 yuan / ton, Shuangyan and Chihong is traded at 22920-23060 yuan / ton, 0 # ordinary pair of April water rising water is 460,480 yuan / ton; Shuangyan and Chi Hong reported rising water 600 yuan / ton. 1 # the mainstream transaction was between 22720 and 22870 yuan per ton.

SMM, March 27th: Shanghai 0# zinc mainstream transaction is 22800-22920 yuan / ton, Shuangyan and Chihong is traded at 22920-23060 yuan / ton, 0 # ordinary pair of April water rising water is 460,480 yuan / ton; Shuangyan and Chi Hong reported rising water 600 yuan / ton. 1 # the mainstream transaction was between 22720 and 22870 yuan per ton. The Shanghai Zinc 1904 contract fell slightly in intraday trading, closing at 22330 yuan per ton in the morning market. Today, the activity of the market is on the low side. At the end of the month, some traders leave the market to wait and see. The proportion of the market will gradually increase next month. In the morning market, the water will rise by 480 to 500 yuan / ton. Next month, the discount will be 20-10 yuan / ton. There is little feedback from the market that the market is too high. I heard that a small amount of water rose 460 to 470 transactions that month, mainly due to the demand for invoices at the end of the month. Entering the second trading period, the quotation was on the low side that month, mainly due to the gradual digestion of the trading volume of the traders at the end of the month, and there was no significant change in the market transaction price, but there was a small amount of transaction when the quotation was lowered to 40 yuan to 30 yuan per ton next month. The price difference between the current month and the next month widened to more than 500 yuan / ton, the attraction of the month was significantly weakened, downstream procurement shifted to the next month, coupled with the fact that some of the rigid demand was cautiously entered the market, the transaction volume improved slightly within the day, and the overall transaction volume increased slightly compared with yesterday.

0# Brand (current month)

Transaction interval

1904

Shuangyan and Chihong

22920 to 23060

Shengshui 600

Qin Zinc, Kirin and Jiulong

Litre 460 to 480

Belgium

22760 22900

Rising water 430 to 440

Brand 0# (next month)

Transaction interval

1904

Shuangyan and Chihong

22380 22520

Litre water 50 to 60

22300 22420

Sticker 40-sticker 20

AZ

22300 22440

Sticker 30-sticker 20

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