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June 6 Guangdong zinc market news: Guangdong Shengshui stalemate transaction is mediocre
Jun 6,2019 11:47CST
translation
Source:SMM
SMM June 6: Guangdong 0 # zinc mainstream transaction in 20790 to 20870 yuan / ton, Guangdong market than Shanghai stock market from 30 yuan / ton discount to Pingshui near. The rising water of Shanghai zinc 1907 contract is about 490 yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM June 6: Guangdong 0 # zinc mainstream transaction in 20790 to 20870 yuan / ton, Guangdong market than Shanghai stock market from 30 yuan / ton discount to Pingshui near. The rising water of Shanghai zinc 1907 contract is about 490 yuan / ton. The zinc period is running at a low level, the refinery is shipping normally, in the morning period, the monthly difference is expanded, and the market is more confused about the quotation. Most of them are quoted near the average price, or the average price + 10, contributing to a certain transaction, and the rest are mainly quoted for the contract of the current month. Reported in the Shanghai Zinc 1906 contract discount of 30 to 20 yuan / ton. Entering the second trading period, the market price is stable in the vicinity of 1907 yuan / ton of zinc contract in Shanghai. Under the strength of the market, the rising water remained strong, and the holders were reluctant to take the initiative to lower the rising water. Subsequently, the transaction fell into a stalemate. Downstream is still dominated by rigid demand procurement, part of the downstream due to poor orders, Dragon Boat Festival holiday, so the pre-festival reserve has not been obvious. Overall, today's trading was flat, basically flat yesterday. 0# Kirin, Cishan, Tiefeng and Mengzi mainstream were sold around 20790 to 20870 yuan / ton. (SMM Ma Huishan QQ: 2880505673 TEL: 021 51595792)

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