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June 27 Shanghai zinc spot news: more and less water to continue to expand the market activity to cool down significantly

iconJun 27, 2019 11:40
Source:SMM
SMM June 27: Shanghai 0 # mainstream zinc transactions 20100 to 20140 yuan / ton, Shuangyan, Chihong transactions in 20160 to 20180 yuan / ton, 0 # ordinary July discount 60-30 yuan / ton; Shuangyan, Chi Hongbao 30-liter water 20 yuan / ton. 1 # mainstream transaction is between 20020 and 20060 yuan / ton.

SMM6, 27th of the month:

Shanghai 0# zinc mainstream transaction 20100-20140 yuan / ton, Shuangyan, Chihong transactions in 20160-20180 yuan / ton, 0 # ordinary July discount 60-30 yuan / ton; Shuangyan, Qihong discount 30-liter water 20 yuan / ton. 1 # mainstream transaction is between 20020 and 20060 yuan / ton. Shanghai Zinc 1907 contract intraday small narrow consolidation, the morning market closed at 20125 yuan / ton. Zinc in the period fell slightly, but the market demand continued to be weak, and there was no link in the imbalance between supply and demand. The discount was further expanded, from 40-30 yuan / ton to 60-50 yuan / ton. However, for the long-term single transaction, the average price of the stable and safe SMM net rose 10 to 20 yuan / ton, and the weekend will expand faster under the discount. The holding company will rest and wait and see the mood thickens. The market trading in the second trading period focused on Shuangyan, Chihong, torch and imports and other downstream brands, but the actual consumption has no bright spot, the overall transaction continues to be weak.

0# brand

Transaction interval

1907

Shuangyan and Chihong

20160 20180

Discount 30-liter 20

Qin Zinc, Kirin, Jiulong, Yuguang

20100 to 20140

Sticker 60-sticker 30

SMC

20090 20120

Sticker 80-sticker 50

India, Russia

20050 20100

Sticker 110-sticker 90

"Click to view SMM historical price data




"Click to view SMM historical price data

 

Zinc
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