May 31 Guangdong zinc market news: Shengshui continues to weaken Guangdong city trading is flat-Shanghai Metals Market

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May 31 Guangdong zinc market news: Shengshui continues to weaken Guangdong city trading is flat

Translation 11:46:44AM May 31, 2019 Source:SMM

SMM May 31: Guangdong 0 # zinc mainstream transaction in 20980-21100 yuan / ton, Guangdong market than Shanghai market from 20 yuan / ton discount to 60 yuan / ton discount. The rising water of Shanghai zinc 1907 contract is about 260 yuan / ton. Zinc platform finishing, normal shipment of refineries, early morning period, the early downstream replenishment is saturated, the fear of falling is strong, the enthusiasm for taking goods is obviously weakened, the demand for superimposed long orders is not urgent, and the overall enthusiasm for taking goods is not good. In the early morning period, the holder did not raise the price, and quoted that the contract for zinc 1907 in Shanghai was raised by 280 yuan / ton, but there was no obvious deal. Later, it was reported that in the vicinity of 26 yuan / ton for the contract for zinc 1907 in Shanghai, after the discount for that month intensified, Some traders have some arbitrage space. A small amount of receiving goods, superimposed one-sided downward disk surface, downstream weekend a small number of reserves appear, contributing to part of the transaction. Today's trading is general, the overall transaction is flat. 0# Kirin, Cishan, Tiefeng, Mengzi mainstream transactions in 20980 21100 yuan / ton. (SMM Ma Huishan QQ: 2880505673 TEL: 021 51595792)

Key Words:  Zinc 

May 31 Guangdong zinc market news: Shengshui continues to weaken Guangdong city trading is flat

Translation 11:46:44AM May 31, 2019 Source:SMM

SMM May 31: Guangdong 0 # zinc mainstream transaction in 20980-21100 yuan / ton, Guangdong market than Shanghai market from 20 yuan / ton discount to 60 yuan / ton discount. The rising water of Shanghai zinc 1907 contract is about 260 yuan / ton. Zinc platform finishing, normal shipment of refineries, early morning period, the early downstream replenishment is saturated, the fear of falling is strong, the enthusiasm for taking goods is obviously weakened, the demand for superimposed long orders is not urgent, and the overall enthusiasm for taking goods is not good. In the early morning period, the holder did not raise the price, and quoted that the contract for zinc 1907 in Shanghai was raised by 280 yuan / ton, but there was no obvious deal. Later, it was reported that in the vicinity of 26 yuan / ton for the contract for zinc 1907 in Shanghai, after the discount for that month intensified, Some traders have some arbitrage space. A small amount of receiving goods, superimposed one-sided downward disk surface, downstream weekend a small number of reserves appear, contributing to part of the transaction. Today's trading is general, the overall transaction is flat. 0# Kirin, Cishan, Tiefeng, Mengzi mainstream transactions in 20980 21100 yuan / ton. (SMM Ma Huishan QQ: 2880505673 TEL: 021 51595792)

Key Words:  Zinc