July 24 Guangdong zinc market news: traders trading differences still exist transaction situation has not improved

Published: Jul 24, 2019 11:55
SMM July 24: Guangdong 0 # zinc mainstream transaction in 19250 to 19300 yuan / ton, Shanghai zinc 1909 contract discount 50 to 40 yuan / ton, Guangdong stock market than Shanghai market since Friday discount 140 yuan / ton narrowed to discount 130 yuan / ton.

SMM July 24: Guangdong 0 # zinc mainstream transaction in 19250 to 19300 yuan / ton, Shanghai zinc 1909 contract discount 50 to 40 yuan / ton, Guangdong stock market than Shanghai market since Friday discount 140 yuan / ton narrowed to discount 130 yuan / ton. The refinery shipment is normal, the market supply circulation is more abundant. The early quotation of the holder focused on the average price of-10 yuan / ton, the market transaction has not been significantly boosted, into the second trading period, the shipper is willing to paste 40 yuan / ton shipment to the 09 contract, the consignee is willing to post 50 yuan / ton shipment to the 09 contract, the market transaction appears stalemate, the transaction has not improved. Overall, the transaction situation in Guangdong today is basically flat compared with yesterday. 0# Kirin, Cishan, Tiefeng and Mengzi mainstream were sold at about 19250 to 19300 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