July 11 Guangdong zinc market news: holders shipped to the main market transaction situation remained stable yesterday

Published: Jul 11, 2019 11:39
SMM July 11: Guangdong 0 # zinc mainstream transaction in 1950 to 19080 / ton, Shanghai zinc 1908 contract discount 40-20 yuan / ton, Guangdong market than Shanghai market since yesterday discount 80 yuan / ton expanded to discount 90 yuan / ton.

SMM July 11: Guangdong 0 # zinc mainstream transaction in 1950 to 19080 / ton, Shanghai zinc 1908 contract discount 40-20 yuan / ton, Guangdong market than Shanghai market since yesterday discount 80 yuan / ton expanded to discount 90 yuan / ton. Refinery normal shipment, the market supply of goods is abundant. In the morning, the holder actively shipped the goods, and the quotations concentrated around the average price of-20 yuan / ton. Some of the contract holders reported that the discount for the 08 contract was 20-10 yuan / ton, and entered the second trading period. The holder actively flashed the goods for shipment, and reported that the discount for the 08 contract was about 40 yuan / ton. Subsequently, the market transaction was slightly improved. Mainly by traders to contribute to the main instructor, downstream more to wait and see, superimposed order transfer is poor. The willingness to receive the goods is not good. The trading situation in Guangdong today was basically stable compared with that of yesterday.

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
Slight destocking of zinc ingot in China, but price rise faces certain obstacles [SMM Zinc Futures Brief Comment]
7 hours ago
Slight destocking of zinc ingot in China, but price rise faces certain obstacles [SMM Zinc Futures Brief Comment]
Read More
Slight destocking of zinc ingot in China, but price rise faces certain obstacles [SMM Zinc Futures Brief Comment]
Slight destocking of zinc ingot in China, but price rise faces certain obstacles [SMM Zinc Futures Brief Comment]
[China Zinc Ingot Sees Slight Destocking, but Price Rise Faces Certain Obstacles] The most-traded SHFE zinc 2608 contract opened at 24,310 yuan/mt. After opening, SHFE zinc moved sideways above the daily average, dipping to 24,285 yuan/mt during the session. Near the close, bears reduced positions, and SHFE zinc consolidated to touch a high of 24,505 yuan/mt. It finally settled up at 24,470 yuan/mt, gaining 70 yuan/mt or 0.29%. Trading volume decreased to 72,207 lots, and open interest decreased by 5,987 lots to 102,000 lots.....
7 hours ago
Data: SHFE, DCE market movement (Jun 29)
9 hours ago
Data: SHFE, DCE market movement (Jun 29)
Read More
Data: SHFE, DCE market movement (Jun 29)
Data: SHFE, DCE market movement (Jun 29)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 29 Jun , 2026
9 hours ago
Futures Zinc Price Rebounds, Shanghai Market Sees Sluggish Trading Amid Sufficient Inventories
11 hours ago
Futures Zinc Price Rebounds, Shanghai Market Sees Sluggish Trading Amid Sufficient Inventories
Read More
Futures Zinc Price Rebounds, Shanghai Market Sees Sluggish Trading Amid Sufficient Inventories
Futures Zinc Price Rebounds, Shanghai Market Sees Sluggish Trading Amid Sufficient Inventories
[Shanghai Refined Zinc Market] The futures zinc price rebounded from a low to above 24,000 yuan/mt. Downstream enterprises showed strong wait-and-see sentiment today, and as they had bought the dip considerably last week, their in-plant raw material inventories were mostly sufficient, leaving overall trading in the Shanghai market sluggish today.
11 hours ago
July 11 Guangdong zinc market news: holders shipped to the main market transaction situation remained stable yesterday - Shanghai Metals Market (SMM)