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June 17 Shanghai zinc spot news: zinc down monthly difference narrowed actual consumption slightly rewarming
Jun 17,2019 11:52CST
translation
Source:SMM
SMM June 17: Shanghai 0# zinc mainstream transaction 2062020640yuan / ton, Shuangyan, Chihong transactions in 2064020680yuan / ton, 0 # ordinary July reported water rising 350380RMB / ton; Shuangyan and Qihong reported rising water 350400 yuan / tonne. the main trade of Shanghai 0# zinc is 2062020640yuan / ton, Shuangyan and Chihong is 20640,20680yuan / ton, 0 # ordinary July is 350380yuan / ton. 1 # mainstream transaction is between 20520 and 20560yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM6, 17th, news:

Shanghai 0# zinc mainstream transaction 2062020640yuan / ton, Shuangyan, Chihong transactions in 2064020680yuan / ton, 0 # ordinary July water rising 350380RMB / ton; Shuangyan and Qihong reported rising water 350400 yuan / tonne. the main stream of zinc in Shanghai is 20620 to 20640 yuan / ton, Shuangyan and Chihong is between 20640 and 20680yuan / ton. 1 # mainstream transaction is between 20520 and 20560yuan / ton. Shanghai Zinc 1907 contract intraday narrow consolidation, the morning market closed at 20260 yuan / ton. On the last day of contract operation that month, the monthly difference quickly narrowed to about 360 yuan / ton, and the market turned to quote for July. In the morning market, the rising water was about 400 yuan / ton. Because the output of the smelter will increase steadily in the future, the quantity of warehouse receipt overflow market will increase obviously after delivery. At the later stage, the market supply exceeds the expected temperature, and the probability of high water increase is difficult to maintain. The average SMM price determined by the cost of the market transaction is about 10 yuan 20 yuan / ton, the transaction of rising discount is relatively rare, the quotation pressure is reduced to 350 yuan / ton, the transaction feedback is still relatively limited, and there is no significant price difference between different brands. Enter the second trading period, the market quotation changes little, downstream every fall into the market procurement has increased, traders trading light when the actual consumption heats up, the overall transaction slightly improved compared with last Friday.

0# brand

Transaction interval

1907

Shuangyan and Chihong

20640 to 20680

Litre 350 400

Qin Zinc, Kirin, Jiulong, Yuguang

206202064040

Litre 350 / 380

SMC

20640 to 20660

Litre water 370 400

Spain

20560 to 20600

300 to 320 liters

"Click to view SMM historical price data




"Click to view SMM historical price data

 

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