Home / Metal News / July 16 Guangdong zinc market news: spot rising water first down and then up market transaction has warmed up

July 16 Guangdong zinc market news: spot rising water first down and then up market transaction has warmed up

iconJul 16, 2019 11:32
Source:SMM
SMM July 16: Guangdong 0 # zinc mainstream transaction in 19160 to 19230 yuan / ton, Shanghai zinc 1908 contract discount 40-30 yuan / ton, Guangdong market than Shanghai market since yesterday discount 110 yuan / ton expanded to discount 130 yuan / ton.

SMM July 16: Guangdong 0 # zinc mainstream transaction in 19160 to 19230 yuan / ton, Shanghai zinc 1908 contract discount 40-30 yuan / ton, Guangdong market than Shanghai market since yesterday discount 110 yuan / ton expanded to discount 130 yuan / ton. Refineries actively ship goods, and there is an abundant supply of goods in the market. The early quotation of the holder focused on the discount of 40 yuan / ton to the 08 contract, and some of the holders reported that near the flat water of the 09 contract, the market trading atmosphere was OK, and some of the subsequent holders took the lead in adjusting the price to about 20 yuan / ton of the 09 contract. The market transaction quickly warmed up, and the holder's willingness to raise the price became stronger and the water rose slightly to the 09 contract, and the market transaction became light again. Overall, today's Guangdong market trading atmosphere has warmed up, the overall transaction is stronger than yesterday. 0# Kirin, Cishan, Tiefeng and Mengzi mainstream were sold around 19160 to 19230 yuan per ton.

Zinc

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All