Home / Metal News / Zinc / July 12 Shanghai zinc spot news: stable traders contribute to major transactions after the exchange of quotations for months
July 12 Shanghai zinc spot news: stable traders contribute to major transactions after the exchange of quotations for months
Jul 12,2019 11:41CST
translation
Source:SMM
SMM July 12: Shanghai 0 # zinc mainstream transaction 19140 19180 yuan / ton, Shuangyan, Chihong 19180 19200 yuan / ton, 0 # ordinary July water 50 60 yuan / ton; Shuangyan, Chi Hong reported 70 100 yuan / ton. 1 # the mainstream transaction was between 19040 and 19070 yuan per ton.
The content below was translated by Tencent automatically for reference.

SMM7 12 / 12 / PRNewswire-FirstCall-Asianet /-

Shanghai 0 # zinc mainstream transaction 19140 19180 yuan / ton, Shuangyan, Chihong 19180 19200 yuan / ton, 0 # ordinary July water 50 60 yuan / ton; Shuangyan, Chi Hong reported rising water 70100 yuan / ton. The main trend of Shanghai 0 # zinc is 19140 yuan / ton, 19180 yuan / ton 1 # the mainstream transaction was between 19040 and 19070 yuan per ton. Shanghai Zinc 1908 contract bottomed out in intraday trading, closing at 19100 yuan per ton in the morning market. The low price of zinc remained stable, and the fluctuation of the price difference between the current month and the next month was relatively smooth. Traders completed the exchange of quotations for months. In the morning market, the average price of August was 50 to 60 yuan / ton, and the net average price and 5 yuan / ton transaction was more concentrated. Due to the long-term single demand among traders, the market rose 50 yuan / ton. The transaction was also better, the quotation translated to 60 yuan / ton, and the trade was light in the second trading period. Market trading has turned to focus on downstream brands, the trading atmosphere has become lighter, downstream near the weekend to maintain on-demand procurement, the overall transaction is still dominated by traders.

0# brand

Transaction interval

1908

Shuangyan and Chihong

19180 to 19200

70 to 100 liters of water

Qin Zinc, Kirin, Yuguang

19140 19180

Litre water 50 to 60

India

1907-19100

Discount 30

"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