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July 8 Shanghai zinc spot news: market trading warmer spot rising water gradually up
Jul 8,2019 11:59CST
translation
Source:SMM
SMM July 8: Shanghai 0 # zinc mainstream transaction 19500-19580 yuan / ton, Shuangyan, Chihong transaction 1853019600 yuan / ton, 0 # ordinary July water 30-60 yuan / ton; Shuangyan, Chi Hong reported rising water 5080 yuan / ton. 1 # the mainstream transaction was between 1920 and 19500 yuan per ton.
The content below was translated by Tencent automatically for reference.

SMM7 News of the 8th of July:

Shanghai 0 # zinc mainstream transaction is 19500-19580 yuan / ton, Shuangyan and Chihong is 1853019600 yuan / ton, 0 # ordinary July is 30-60 yuan / ton, Shuangyan and Qihong reported 50-80 yuan / ton of rising water. The main current transaction of Shanghai 0 # zinc is 19500-19580 yuan / ton, Shuangyan and Chihong is 1853019600 yuan / ton, 0# ordinary July water is 3060 yuan / ton. 1 # the mainstream transaction was between 1920 and 19500 yuan per ton. Shanghai Zinc 1907 contract recorded a V reversal, the morning market closed at 19505 yuan / ton. Zinc low consolidation, the monthly difference shows a narrowing trend, the market circulation is relatively loose, the quotation slightly moved up to 30 to 40 yuan / ton, the low price is more active, the high price shipment is more persistent, and there are differences between the two sides. Based on the net average price, there is also a difference between the average price discount / flat water, the market with the net average price transaction is relatively concentrated, the rise discount transaction is slightly insipid, the net average price as the benchmark also has the average price discount / flat water difference, the market with the net average price transaction is relatively concentrated, the rise discount transaction is slightly insipid. Entering the second trading period, the trading between traders is still dominant, the market is more and less driven by the demand for long orders, coupled with the lower downstream of zinc futures, there are also purchases on demand, the overall market transaction has warmed up, and the quotation has been raised to about 50 yuan / ton of rising water. The overall transaction gap is not large compared with last Friday, but the trading of traders still occupies a dominant position.

0# brand

Transaction interval

1907

Shuangyan and Chihong

18530 to 19600

50 to 80 liters of water

Qin Zinc, Kirin, Jiulong, Yuguang

19500 19580

Rising water 30 to 60

SMC

1950 19550

Discount 10-flat water

"Click to view SMM historical price data




"Click to view SMM historical price data

 

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