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Shanghai zinc spot news on June 11: zinc trading dominated by underwater expansion traders in the period of enlarged monthly difference
Jun 11,2019 11:41CST
translation
Source:SMM
SMM June 11: Shanghai 0 # zinc mainstream transaction 21180 21200 yuan / ton, Shuangyan, Chihong transactions in 21240 21270 yuan / ton, 0 # ordinary June discount 100-70 yuan / ton; Shuangyan, Chi Hong newspaper discount 30-20 yuan / ton. 1 # mainstream transaction at 2100 to 21130 yuan per ton.
The content below was translated by Tencent automatically for reference.

On the 11th of SMM6, news:

Shanghai 0# zinc mainstream transaction 21180-21200 yuan / ton, Shuangyan, Chihong transactions in 21240-21270 yuan / ton, 0 # ordinary June discount 100-discount 70 yuan / ton; Shuangyan, Chi Hong discount 30-discount 20 yuan / ton. 1 # mainstream transaction at 2100 to 21130 yuan per ton. The center of gravity of the Shanghai Zinc 1906 contract rose in the middle of the day, closing at 21265 yuan per ton in the morning market. Zinc in the future is higher, the monthly difference is enlarged, and the spot discount is further expanded, from 70-60 yuan / ton to 100-80 yuan / ton, which is stable for the time being. There is already a certain profit margin for delivery, and some of the holders leave the market to wait and see. There are also holders who actively plan delivery of deliverable goods, and the trading between traders is dominant. During the second trading period, the import of SMC and Shuangyan, Chihong, Torch and other routine do not participate in the delivery brand delivery is relatively active, but under the limited conditions of downstream consumer participation, The transaction was slightly weak, and the overall transaction was not much higher than that of yesterday.

0# brand

Transaction interval

1906

Shuangyan and Chihong

21240 21270

Sticker 30-sticker 20

Qin Zinc, Kirin, Jiulong, Yuguang

21180 21200

Sticker 100-sticker 70

SMC, Russia

21180 21200

Sticker 100-sticker 80

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"Click to view SMM historical price data

 

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