Home / Metal News / Zinc / July 9 Shanghai zinc spot news: zinc futures lower, higher water slightly higher, bearish sentiment leading market transactions slightly cooled
July 9 Shanghai zinc spot news: zinc futures lower, higher water slightly higher, bearish sentiment leading market transactions slightly cooled
Jul 9,2019 11:49CST
translation
Source:SMM
SMM, July 9: Shanghai 0 # mainstream zinc transaction 1930 1910 yuan / ton, Shuangyan, Chihong 1960 1930 yuan / ton, 0 # ordinary July water 50 60 yuan / ton; Shuangyan, Chi Hong reported 70 90 yuan / ton. 1 # mainstream transaction in 19240 1920 yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM7, September 9, news:

Shanghai 0 # zinc mainstream transaction 1930 1910 yuan / ton, Shuangyan, Chihong 1960 1930 yuan / ton, 0 # ordinary July water 50 60 yuan / ton; Shuangyan, Chi Hong reported 70 90 yuan / ton. 1 # mainstream transaction in 19240 1920 yuan / ton. Shanghai Zinc 1907 contract continued to decline in the morning market closed at 19290 yuan / ton. Zinc continued to fall, coupled with the expiration of part of the long order this week, the market circulation tightened slightly, the early market quotation further rose to 60 yuan / ton stable, or the net average price flat water shipment, the latter transaction is more smooth. Entering the second trading period, the market handover force is more balanced, but the intention to receive goods has become lighter than yesterday. The market quotation transaction tilted to 50 yuan / ton of rising water. As July turned into the off-season of the year, the willingness to purchase downstream orders was not strong. It was slightly difficult to lift the brand premium for downstream demand imports and Shuangyan, Chihong, Torch, Dongling, etc., and the bearish sentiment became more and more bearish. The overall transaction was cooler than yesterday, and the transaction volume was slightly lower than yesterday.

0# brand

Transaction interval

1907

Shuangyan and Chihong

1960 to 1943 30

70 to 90 liters

Qin Zinc, Kirin, Jiulong, Yuguang

1930 to 1941 10

Litre water 50 to 60

SMC

19280 19360

Flat water-liter 10

"Click to view SMM historical price data




"Click to view SMM historical price data

 

Zinc
noon news

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news