Home / Metal News / July 23 Guangdong zinc market news: traders trading differences in the market transaction difference

July 23 Guangdong zinc market news: traders trading differences in the market transaction difference

iconJul 23, 2019 11:32
Source:SMM
SMM July 23: Guangdong 0 # zinc mainstream transaction in 1960 to 19280 yuan / ton, Shanghai zinc 1909 contract discount 60 discount 50 yuan / ton, Guangdong stock market than Shanghai market since yesterday discount 170 yuan / ton narrowed to discount 140 yuan / ton.

SMM July 23: Guangdong 0 # zinc mainstream transaction in 1960 to 19280 yuan / ton, Shanghai zinc 1909 contract discount 60 discount 50 yuan / ton, Guangdong stock market than Shanghai market since yesterday discount 170 yuan / ton narrowed to discount 140 yuan / ton. Refinery normal shipment, the market supply of goods is abundant. In the morning, the quotation of the holder focused on the discount of 40-30 yuan / ton to the 09 contract, but the market trading atmosphere continued to be dull. After entering the second trading session, some holders reduced the discount to about 50 yuan / ton to the 09 contract, but the market catcher's willingness to receive the goods around the 09 contract discount of 60 yuan / ton, traders trading differences appeared, temporary stalemate, the subsequent part of the holder down to the 09 contract discount of 60 yuan / ton, contributing to a small amount of transactions. Overall, the transaction situation in Guangdong today is worse than that of yesterday. 0# Kirin, Cishan, Tiefeng, Mengzi mainstream transactions in 1960 to 19280 yuan / ton.

Zinc
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news