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July 10 Shanghai zinc spot news: monthly difference further narrowed rising water stable transaction in general

iconJul 10, 2019 11:59
Source:SMM
SMM, July 10: 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.

SMM7 News of the 10th of July:

Shanghai 0 # zinc mainstream transaction 19140 19220 yuan / ton, Shuangyan, Chihong 19160 19240 yuan / ton, 0 # ordinary July water 50 60 yuan / ton; Shuangyan, Chi Hong reported 70 90 yuan / ton. 1 # the mainstream transaction was between 19040 and 19090 yuan per ton. Shanghai zinc 1907 contract intraday shock operation, the amplitude gradually narrowed, the early market closed at 19175 yuan / ton. Zinc futures continued to decline, at the same time, the monthly difference is still narrowing, traders long single procurement demand has slowed down, downstream procurement decline under the wait-and-see mood, waiting for the decline to stabilize, the overall market demand tends to be calm, the driving force of rising water is significantly weakened. The morning market trading is still dominated by the net average price, the rising sticker water is dominated by the rising water 50 to 60 yuan / ton, the difference is not big, the late quotation is stable, but most of the monthly differences in the far month are transferred to the vicinity of Pingshui, driven by the expected structural change, the market trading sentiment has slowed slightly, and the overall transaction is more stable than yesterday.

0# brand

Transaction interval

1907

Shuangyan and Chihong

19160 19240

70 to 90 liters

Qin Zinc, Kirin, Jiulong, Yuguang

19140 to 19220

Litre water 50 to 60

SMC

19100 19180

Litre water 10 to 20

"Click to view SMM historical price data




"Click to view SMM historical price data

 

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