July 10 Tianjin Zinc spot News: market supply Circulation tightens spot Water rise in Tianjin Market

Published: Jul 10, 2019 11:36
SMM7 10 month news, Tianjin market 0 # zinc ingot mainstream transaction in 19200 to 20170 yuan / ton, 0 # ordinary brand mainstream transaction in 19200 to 1940 yuan / ton, 1907 contract water 100 to 200 yuan / ton, Tianjin market than Shanghai stock market yesterday rose water 20 yuan / ton to rise water 90 yuan / ton nearby.

SMM7 10 month news, Tianjin market 0 # zinc ingot mainstream transaction in 19200 to 20170 yuan / ton, 0 # ordinary brand mainstream transaction in 19200 to 1940 yuan / ton, 1907 contract water 100 to 200 yuan / ton, Tianjin market than Shanghai stock market yesterday rose water 20 yuan / ton to rise water 90 yuan / ton nearby. Disk down, refineries slightly cherish the sale, the market circulation of goods tightened again yesterday. Refineries arrive less, more traders today less or no goods, resulting in a stronger willingness to hold up the price, in the morning reported in the 07 contract rising water 100 to 200 yuan / ton, of which Zijin and other high price supply demand is more, the shipment situation is better, the ordinary brand goods source transaction situation is OK. On the whole, due to the recent weather impact, some refineries are still on the way or have not arrived at the warehouse, the circulation of goods in Tianjin market is less, and the zinc ingots of Shuangyan and other brands are shipped to Tianjin market. The quotation is about 120 yuan / ton for 07 contract, and the transaction situation is more general. Overall, today's Tianjin market spot water is higher, mainly due to the rapid tightening of market supply circulation, superimposed disk down, market transactions significantly improved compared with yesterday. 0 # Zijin, Hongye, lark, Chihong, Xiyan, etc., were sold in 19200-19340 yuan / ton, and 1 # Zijin, Chihong, Hongye, etc., were sold in 19150-1990 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
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
19 hours ago
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
Read More
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
SHFE Zinc Prices Consolidate at Highs, Weak Downstream Demand Dampens Spot Trading
[Shanghai Refined Zinc Market] This week, SHFE zinc futures prices consolidated at highs, with the overall center up notably WoW. In the off-season, overall orders at downstream enterprises remained poor, and amid persistent fear of high prices, overall zinc ingot purchasing interest during the week was weak. Overall spot trading during the week was sluggish; traders had difficulty selling, and spot premiums fell during the week.
19 hours ago
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
19 hours ago
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
Read More
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
Ningbo Zinc Market Sees Stable Supply and Steady Premiums Amid Moderate Demand
[Ningbo Refined Zinc Market] This week, the Ningbo market had ample overall spot supply, traders' selling quotations were relatively stable, and overall spot premiums changed little. Demand side, orders at downstream alloy plants had yet to improve significantly, spot zinc ingot purchases were mainly based on rigid demand, and market transactions were moderate. Ningbo spot premiums are expected to continue consolidating next week.
19 hours ago
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
19 hours ago
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
Read More
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
China's Port Zinc Concentrate Inventories Drop by 36,000 mt WoW to 244,000 mt
[Port Zinc Concentrate Inventories] This week, SMM zinc concentrate inventories at main ports in China totaled 244,000 mt in physical content, down 36,000 mt WoW, with Fangchenggang Port inventories accounting for the main decline.
19 hours ago