Home / Metal News / Zinc / July 19 Guangdong zinc market news: Guangdong spot transactions weak traders trading differences
July 19 Guangdong zinc market news: Guangdong spot transactions weak traders trading differences
Jul 19,2019 11:33CST
translation
Source:SMM
SMM July 19: Guangdong 0 # zinc mainstream transaction in 1950 to 19510 yuan / ton, Shanghai zinc 1909 contract discount 70-discount 50 yuan / ton, Guangdong market than Shanghai market since yesterday discount 130 yuan / ton expanded to discount 140 yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM July 19: Guangdong 0 # zinc mainstream transaction in 1950 to 19510 yuan / ton, Shanghai zinc 1909 contract discount 70-discount 50 yuan / ton, Guangdong market than Shanghai market since yesterday discount 130 yuan / ton expanded to discount 140 yuan / ton. Refineries actively ship goods, and there is an abundant supply of goods in the market. The holder early quotation is more unified, concentrated in the average price-10 yuan / ton or so, the market transaction continuation is weak, enters the second trading period, some holders intend to receive the goods at the discount of 70 yuan / ton to the 09 contract, while the shipper focuses on the shipment near the discount of 60-50 yuan / ton to the 09 contract, and the willingness to receive and ship is quite different, and the market transaction is deadlocked. Overall, downstream early replenishment bank overdraft follow-up consumption, trading between traders is still divided, today's Guangdong market transactions again lighter than yesterday. 0# Kirin, Cishan, Tiefeng and Mengzi mainstream were sold in 1950 to 19510 yuan / ton.

Zinc

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