Home / Metal News / June 5 Shanghai Zinc spot News: transaction in downstream Purchasing Market improves obviously

June 5 Shanghai Zinc spot News: transaction in downstream Purchasing Market improves obviously

iconJun 5, 2019 11:55
Source:SMM
SMM June 5: Shanghai 0 # mainstream zinc transaction 20680 20710 yuan / ton, Shuangyan, Chihong 20720 20760 yuan / ton, 0 # ordinary June discount 20 yuan / ton-flat water; Shuangyan, Chi Hong reported rising water 3040 yuan / ton. 1 # mainstream transaction is 20600 to 20640 yuan / ton.

SMM6 News of the 5th of June:

Shanghai 0# zinc mainstream transaction 20880 to 20710 yuan / ton, Shuangyan, Chihong transactions in 20720 to 20760 yuan / ton, 0 # ordinary June discount 20 yuan / ton-flat water; Shuangyan, Chi Hong newspaper rising water 30 to 40 yuan / ton. 1 # mainstream transaction is 20600 to 20640 yuan / ton. Shanghai zinc 1906 contract intraday finishing operation, the morning market closed at 20720 yuan / ton. The center of gravity of zinc futures operation has shifted upward, most of the smelters have shipped normally, and the transactions between traders in the morning market have been relatively positive. The market quotation has concentrated on the discount of 20 yuan to 10 yuan per ton, and the supply of goods at low prices in the active market for receiving goods has been reduced. The quotation is fine-adjusted to 10 yuan / ton-flat water, the low price transaction is relatively concentrated, individual brand flat water also has a small number of transactions reflected. Entering the second trading period, the downstream waited for every rise, coupled with the fact that there was already a replenishment on the low side yesterday, the actual consumption participation weakened the transaction of traders, and the market quotation fell back to 20 yuan-10 yuan per ton of discount, which was stable, and the overall transaction was slightly lower than that of yesterday. Traders contribute mainly to trading.

0# brand

Transaction interval

1906

Shuangyan and Chihong

20720 to 20760

Rising water 30 to 40

Qin Zinc, Kirin, Jiulong, Yuguang

2068020710

Discount 20-flat water

SMC

20660 to 20700

Sticker 30-sticker 20

Russia

20640 to 20680

"Click to view SMM historical price data




"Click to view SMM historical price data

 

Zinc
noon news

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All