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July 18 Shanghai zinc spot news: trading activity significantly decreased downstream to wait and see
Jul 18,2019 11:53CST
translation
Source:SMM
SMM, July 18: Shanghai 0 # zinc mainstream transaction 1948-19530 yuan / ton, Shuangyan, Chihong transactions in 19500-19540 yuan / ton, 0 # ordinary August water 70-90 yuan / ton; Shuangyan, Chi Hong reported 80-100yuan / ton of water. 1 # the mainstream transaction was between 1980 and 1940 yuan per ton.
The content below was translated by Tencent automatically for reference.

SMM7 18 / 18 / PRNewswire-FirstCall-Asianet /-

Shanghai 0 # zinc mainstream transaction 1948-19530 yuan / ton, Shuangyan, Chihong transactions in 19500-19540 yuan / ton, 0 # ordinary August water 70-90 yuan / ton; Shuangyan, Chi Hong reported 80-100 yuan / ton. 1 # the mainstream transaction was between 1980 and 1940 yuan per ton. Shanghai zinc 1908 contract intraday narrow consolidation, the end of the plate driven by the surrounding metal down, the morning market closed at 19550 yuan / ton. Zinc futures continued to rise, due to the transfer of ownership in the third-party warehouse, the transfer of goods rights was slow, and the trading activity of the market decreased significantly within a day. In the morning market, the average price of the net or the average price of the net rose, or the rising water was 70 to 90 yuan / ton, the deposit price of zinc ingots of the same brand in different warehouses was different, the overall market transaction was relatively weak, and the inventory market was relatively active. Entering the second trading period, the market trading continued to be weak, and the downstream brand quotations dominated, but after the zinc returned to rise, the downstream wait-and-see mood was stronger, and the price adjustment effect of some traders was limited. The overall market trading and transaction are significantly lower than yesterday.

0# brand

Transaction interval

1908

Shuangyan and Chihong

19500 19540

80 to 100 liters

Qin Zinc, Kirin, Yuguang

1980 19530

70 to 90 liters

SMC

1950 to 19500

40 to 50 liters

"Click to view SMM historical price data




"Click to view SMM historical price data

 

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