July 17 Guangdong zinc market news: trading in the upstream market is worse than yesterday

Published: Jul 17, 2019 11:31

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SMM July 17: Guangdong 0 # zinc mainstream transaction in 1910 to 1970 yuan / ton, Shanghai zinc 1909 contract discount 50-30 yuan / ton, Guangdong stock market than Shanghai market since yesterday discount 130 yuan / ton narrowed to discount 110 yuan / ton. Refineries actively ship goods, and there is an abundant supply of goods in the market. Holders are mainly shipping, in the morning concentrated quotation in the average price of-20 to the average price of-40 yuan / ton, downstream wait-and-see mood is stronger, few receive goods, enter the second trading period market quotation concentrated in the 09 contract discount 30 yuan / ton or so, however, the delivery volume is still relatively limited, follow-up transactions are more concentrated in the 09 contract discount 50-40 yuan / ton around. Overall, today's upstream holders actively ship, traders contribute to the main trading, downstream more wait-and-see, the overall market transaction is worse than yesterday.

Zinc

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