July 18 Guangdong zinc market news: Guangdong market discount than Shanghai market to expand the market transaction difference again

Published: Jul 18, 2019 11:36

Save

SMM July 18: Guangdong 0 # zinc mainstream transaction in 19320 1910 yuan / ton, Shanghai zinc 1909 contract discount 60-40 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. In the morning, the quotations of the holders are more concentrated, basically around the average price of-20 yuan / ton, but there are no more transactions in the market, and the trading between traders is also more limited. Entering the second trading session, the market focused on the 1909 contract discount 40 to 20 yuan / ton, some holders once again downgraded the discount to about 60 yuan / ton to 09 contract discount, market transactions have not yet received a significant boost. Today, Guangdong market traders and downstream do not have a higher willingness to receive goods, the market transaction situation is getting worse again. 0# Kirin, Cishan, Tiefeng, Mengzi mainstream transactions in 19320 1910 yuan / ton.

Zinc

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 to learn 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

19 hours ago

Boliden Temporarily Halts Garpenberg Zinc Mine Due to Seismic Activity

[Garpenberg Zinc Concentrates Production Was Suspended Due to Seismic Activity] According to Boliden, production at the Garpenberg mine was temporarily suspended on March 14 due to seismic activity, and the beneficiation plant subsequently also halted production. Seismic activity has since eased, and preliminary inspections of the mine began on March 18. Mine production will gradually resume after inspections of the infrastructure and mining workplaces are completed. It is not yet possible to determine the timing of the production restart or the pace of ramp-up. In 2025, Garpenberg's zinc concentrate production was 101,700 mt in metal content.

19 hours ago

Typhoon Disrupts Australian Zinc Concentrate Supply, Spot TC Quotations Fall to Negative Levels

[Imported Zinc Concentrate Market] Recently, typhoon weather in Australia has continued to disrupt zinc concentrate transportation, and expectations of tight imported zinc concentrates are expected to persist. Traders in the market have continued to lower TC quotations, and currently quotations for zinc-rich concentrates on spot cargo vessels have fallen to negative levels.

19 hours ago

20 hours ago

Jan-Feb Die-Casting Zinc Alloy Exports Up Slightly YoY, Backed by Southeast Asia

According to the latest customs data, China’s total exports of die-casting zinc alloy from January to February reached 689.33 mt, up slightly by 0.9 percentage points YoY on a cumulative basis; imports, however, totaled 48.11 million mt, down 35.46 percentage points YoY on a cumulative basis. Overall, China’s die-casting zinc alloy trade from January to February showed a pattern of slightly higher exports and a significant pullback in imports.

20 hours ago