Home / Metal News / Zinc / July 16 Shanghai zinc spot news: active trading between traders with tight circulation of long orders
July 16 Shanghai zinc spot news: active trading between traders with tight circulation of long orders
Jul 16,2019 11:50CST
translation
Source:SMM
SMM July 16: Shanghai 0 # zinc mainstream transaction 19300 19320 yuan / ton, Shuangyan, Chihong 1910 1940 yuan / ton, 0 # ordinary July water 60 to 90 yuan / ton; Shuangyan, Chi Hong reported 80 to 110 yuan / ton. 1 # the mainstream transaction was between 19200 and 19220 yuan per ton.
The content below was translated by Tencent automatically for reference.

SMM7, 16th, news:

Shanghai 0 # zinc mainstream transaction 19300 1920 yuan / ton, Shuangyan and Chihong 1910 1940 yuan / ton, 0 # ordinary August reported 60 to 90 yuan / ton; Shuangyan and Qihong reported 80 to 110 yuan / ton of rising water. The main trend of Shanghai 0 # zinc is 19300 yuan / ton, 1930 yuan / ton, 1910 yuan / ton and 80 yuan / ton. 1 # the mainstream transaction was between 19200 and 19220 yuan per ton. Shanghai zinc 1908 contract intraday lower after a narrow range of shock, the morning market closed at 19235 yuan / ton. Zinc futures stable operation, the market long single goods circulation tends to be tense, early market because the cost has not yet been determined, the market net average price and net average price rise discount quotation is more active, and a small number of August water 60-80 yuan / ton transaction is weak. Entering the second trading period, the long single circulation was further tightened, the market quotation was raised to 80 yuan / ton, and the transaction was more active. However, after the water rose, the market shipment increased obviously, the market quotation moved down to 90 yuan / ton, and the transaction was slightly lighter, while other downstream brand quotations did not change significantly. Intra-day trading is still dominated by traders, downstream rigid demand procurement.

0# brand

Transaction interval

1908

Shuangyan and Chihong

1910 to 1940

80 to 110 liters

Qin Zinc, Kirin, Yuguang

19300 to 1920

60 to 90 liters

AZ

1960 to 19280

40 to 60 liters of water

"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