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Guangdong zinc market news on June 4: no significant increase in rising water was found in the expansion of monthly difference
Jun 4,2019 11:52CST
translation
Source:SMM
SMM June 4: Guangdong 0 # zinc mainstream transaction in 20450 20630 yuan / ton, Guangdong city than Shanghai market from 20 yuan / ton discount to 40 yuan / ton gold plating. The increase of water for Shanghai Zinc 1907 contract is about 350 RMB / t.
The content below was translated by Tencent automatically for reference.

SMM June 4: Guangdong 0 # zinc mainstream transaction in 20450 20630 yuan / ton, Guangdong city than Shanghai market from 20 yuan / ton discount to 40 yuan / ton gold plating. The increase of water for Shanghai Zinc 1907 contract is about 350 RMB / t. Plate down, refineries slightly cherish the sale, the holder of the normal shipment, early in the overall continuation of the average price as the main means of trading, of which the average price, as well as the average price-10 contribution to a certain amount of transactions. Entering the second trading period, the market pricing was about 370yuan / ton for Shanghai Zinc 1907 contract, and the difference between Shanghai Zinc 0607 was enlarged in July. However, due to the saturation of long single demand and the fear of falling downstream, there was no obvious follow-up. Only a small increase of 10 yuan / ton to Shanghai zinc 1907 contract rising water around 380 yuan / ton, the subsequent downstream rigid demand to buy, superimposed some traders arbitrage to receive goods, the transaction has improved, overall, today's trading is flat, only slightly better than yesterday. 0# Kirin, Cishan, Tiefeng, Mengzi mainstream transactions in the 20450-20630 yuan / ton. (SMM Ma Huishan QQ: 2880505673 TEL: 021 51595792)

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