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July 1 Shanghai zinc spot news: zinc rush high fall discount narrowed transaction in general

iconJul 1, 2019 11:58
Source:SMM
SMM July 1: Shanghai 0 # zinc mainstream transaction 20040 20130 yuan / ton, Shuangyan, Chihong transactions in 20090 20150 yuan / ton, 0 # ordinary July discount 30-20 yuan / ton; Shuangyan, Chi Hongbao sticker 10-liter water 10 yuan / ton. 1 # the mainstream transaction was between 19950 and 20040 yuan per ton.

SMM7 News of the 1st of July:

Shanghai 0# zinc mainstream transaction 20040-20130 yuan / ton, Shuangyan, Chihong transactions in 20090-20150 yuan / ton, 0 # ordinary July discount 30-20 yuan / ton; Shuangyan, Qihong discount 10-liter 10 yuan / ton. 1 # the mainstream transaction was between 19950 and 20040 yuan per ton. The Shanghai Zinc 1907 contract fell back in intraday trading, closing at 20075 yuan per ton in the morning market. At the beginning of the month, the capital pressure of traders eased, the intention of market price adjustment and shipment weakened obviously, and the market quotation was more cautious after zinc futures rebounding, with net average price as the benchmark quotation more, only a small amount of discount 30-20 yuan / ton, but the transaction was more limited, only a small number of long orders rose by 10 yuan to 15 yuan / ton, the overall market wait-and-see mood was stronger. Enter the second trading period, zinc further down to give up all the gains, the market mood to pick up goods, the transaction has improved, discount 30-discount 20 yuan / ton have been traded, but the trading between traders is more active, downstream participation is relatively cautious, the overall transaction is slightly less than last Friday.

0# brand

Transaction interval

1907

Shuangyan and Chihong

20090 20150

Discount 10-liter 10

Qin Zinc, Kirin, Jiulong, Yuguang

20040 20130

Sticker 30-sticker 20

SMC

20030 20120

Sticker 50-sticker 40

India

19980 20060

Sticker 100-sticker 90

"Click to view SMM historical price data




"Click to view SMM historical price data

 

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