Guangdong zinc market news on July 22: the monthly difference is enlarged, the superimposed surface is on the downside, and the transaction in Guangdong city is improved.

Published: Jul 22, 2019 11:39
SMM July 22: Guangdong 0 # zinc mainstream transaction in 19150 to 19250 yuan / ton, Shanghai zinc 1909 contract discount 70-40 yuan / ton, Guangdong stock market than Shanghai market since Friday discount 140 yuan / ton expanded to discount 170 yuan / ton.

SMM July 22: Guangdong 0 # zinc mainstream transaction in 19150 to 19250 yuan / ton, Shanghai zinc 1909 contract discount 70-40 yuan / ton, Guangdong stock market than Shanghai market since Friday discount 140 yuan / ton expanded to discount 170 yuan / ton. Refineries actively ship goods, and there is an abundant supply of goods in the market. In the morning, the holder concentrated on the average price of-10 yuan / ton, but the market did not see more transactions. Entering the second trading period, the holder newspaper in the 09 contract discount 70 yuan / ton to 40 yuan / ton, coinciding with 08, 09 contract monthly difference expanded to 40 to 50 yuan / ton, Guangdong market spot discount to the current month contract continued to expand, market transactions improved, holders raised the discount of about 10 yuan / ton. Overall, Guangdong market shipments today, superimposed downward, market transactions have improved, traders contributed to the main trading, market transactions have improved compared with last Friday. 0# Kirin, Cishan, Tiefeng and Mengzi mainstream were sold at about 19150 to 19250 yuan per ton.

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
SHFE Zinc Posted a Five-Day Winning Streak, with Its Center Edging Up Slightly [SMM Zinc Morning Comment]
1 hour ago
SHFE Zinc Posted a Five-Day Winning Streak, with Its Center Edging Up Slightly [SMM Zinc Morning Comment]
Read More
SHFE Zinc Posted a Five-Day Winning Streak, with Its Center Edging Up Slightly [SMM Zinc Morning Comment]
SHFE Zinc Posted a Five-Day Winning Streak, with Its Center Edging Up Slightly [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] Last Friday, SHFE zinc recorded a five-day winning streak, with support provided by the 5-day and 10-day daily average lines below. In April, routine maintenance at smelters increased, and inventory continued destocking, while zinc fundamentals improved......
1 hour ago
Zinc Fundamentals Improved, but Weak Macro Sentiment Limited Its Upside [SMM Morning Meeting Summary]
1 hour ago
Zinc Fundamentals Improved, but Weak Macro Sentiment Limited Its Upside [SMM Morning Meeting Summary]
Read More
Zinc Fundamentals Improved, but Weak Macro Sentiment Limited Its Upside [SMM Morning Meeting Summary]
Zinc Fundamentals Improved, but Weak Macro Sentiment Limited Its Upside [SMM Morning Meeting Summary]
[SMM Morning Meeting Summary: Zinc Fundamentals Improved Slightly, but Weak Macro Sentiment Limited Its Gains] Last Friday, LME zinc posted a small bullish candlestick, with the 10-day moving average above acting as resistance. Although the risk of an escalation in the geopolitical conflict in the Middle East remained last Friday and macro sentiment was weak, concerns over mine-side energy supply arising from such an escalation also increased......
1 hour ago
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
Mar 27, 2026 15:59
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
Read More
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
Bullish and Bearish Factors Intertwined as SHFE and LME Zinc Prices Rose [SMM Market Review - Weekly Price Review]
[Mixed Bullish and Bearish Factors in the Market, SHFE and LME Zinc Prices Rose] At the beginning of the week, LME zinc continued last week's downward fluctuation trend; subsequently, the US dollar index dropped back slightly from its highs, and LME zinc rose; however, the ongoing escalation of the Middle East conflict, coupled with the renewed strength of the US dollar index, constrained the upside room for zinc prices, and the center of LME zinc gradually pulled back......
Mar 27, 2026 15:59
Guangdong zinc market news on July 22: the monthly difference is enlarged, the superimposed surface is on the downside, and the transaction in Guangdong city is improved. - Shanghai Metals Market (SMM)