June 28 Tianjin zinc spot news: Tianjin water rapid decline transaction situation has not improved

Published: Jun 28, 2019 11:35
SMM6 28 months news, Tianjin market 0 # zinc ingot mainstream transaction in 20040 21110 yuan / ton, 0 # ordinary brand mainstream transaction in 20040 20230 yuan / ton, 1907 contract rising water 50 100 yuan / ton, Tianjin market than Shanghai market yesterday rising water 150 yuan / ton narrowed to rising water 100 yuan / ton.

SMM6 28 months news, Tianjin market 0 # zinc ingot mainstream transaction in 20040 21110 yuan / ton, 0 # ordinary brand mainstream transaction in 20040 20230 yuan / ton, 1907 contract rising water 50 100 yuan / ton, Tianjin market than Shanghai market yesterday rising water 150 yuan / ton narrowed to rising water 100 yuan / ton. Refinery normal shipment, the market supply circulation is more abundant. The early quotation of the holder is around 90 yuan / ton for 07 contract, but the downstream is mainly inquiry and wait-and-see, superimposed and downward, most of the holders do not have a strong willingness to adjust the price, slightly cherish the sale. Some of the subsequent holders took the lead in adjusting the price to 50 to 100 yuan / ton, the market transaction situation has improved, the overall contribution of low-cost brand goods to the main transaction, the overall transaction situation is weaker than yesterday. 0 # Zijin, Hongye, laring, Chihong, West Mine, etc., were sold in 20040-20230 yuan / ton, and 1 # Zijin, Chihong, Hongye, etc., were sold in 19990-20180 yuan / ton. (SMM Yan Weijun QQ: 2880505634 TEL:021-51666869)

"Click to view SMM historical price data

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Fatal accident at Korea Zinc's Onsan smelter involved the roasting-system area; output impact remains to be seen
3 hours ago
Fatal accident at Korea Zinc's Onsan smelter involved the roasting-system area; output impact remains to be seen
Read More
Fatal accident at Korea Zinc's Onsan smelter involved the roasting-system area; output impact remains to be seen
Fatal accident at Korea Zinc's Onsan smelter involved the roasting-system area; output impact remains to be seen
On Sept 16, a fatal fall took the life of a subcontractor worker during roof work at Plant 2 of Korea Zinc's Onsan smelter in Ulsan, South Korea. The incident occurred on the roof of the condenser room, part of the roasting and sulphuric-acid system at the front end of the zinc flowsheet, while a ventilation fan was being installed. The accident arose from exterior construction work and did not damage the main smelting equipment. However, if the roasting-acid system is taken offline, the zinc roasters cannot sustain normal operation. No production cut, maintenance shutdown or suspension notice has been issued, and investigations are under way. Whether a work-stoppage order will be issued — and how broad its scope would be — and whether the company voluntarily halts the affected system for inspection remain unknown; the output impact is therefore uncertain. As a very rough sensitivity reference based on the smelter's nameplate capacity of roughly 640,000 t/y, a 3-7 day shutdown would imply a volume impact on the order of several thousand tonnes — but this is an order-of-magnitude estimate only, and the actual impact depends on the scope and duration of any inspection-related halt. Coming in a year when several overseas smelters (Nexa's Cajamarquilla, Glencore's Kazzinc and Young Poong's Seokpo) have already been disrupted amid a tight global refined-zinc market, the incident may lend short-term bullish sentiment to zinc, while the actual impact on output requires continued monitoring.
3 hours ago
Rate Hike Lands, Macro Pressure Persists; China Destocking Supports SHFE Zinc to Rebound from Lows [SMM Zinc Futures Commentary]
5 hours ago
Rate Hike Lands, Macro Pressure Persists; China Destocking Supports SHFE Zinc to Rebound from Lows [SMM Zinc Futures Commentary]
Read More
Rate Hike Lands, Macro Pressure Persists; China Destocking Supports SHFE Zinc to Rebound from Lows [SMM Zinc Futures Commentary]
Rate Hike Lands, Macro Pressure Persists; China Destocking Supports SHFE Zinc to Rebound from Lows [SMM Zinc Futures Commentary]
[Rate Hike Lands, Macro Pressure Persists; China Destocking Supports SHFE Zinc's Rebound from Lows] In the daytime session, the SHFE zinc 2611 contract opened at 26,080 yuan/mt, dipped to 25,970 yuan/mt in early trading, then consolidated and rebounded, reaching a high of 26,335 yuan/mt near the close before settling at 26,280 yuan/mt, up 95 yuan/mt, or 0.36%. Trading volume increased to 64,810 lots, while open interest decreased by 1,860 lots to 124,000 lots......
5 hours ago
Data: SHFE, DCE market movement (Sep 17)
5 hours ago
Data: SHFE, DCE market movement (Sep 17)
Read More
Data: SHFE, DCE market movement (Sep 17)
Data: SHFE, DCE market movement (Sep 17)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 17 Sep , 2026
5 hours ago