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July 25 Guangdong Zinc Market News: few transactions in the downstream receiving Market are getting worse again
Jul 25,2019 11:38CST
translation
Source:SMM
SMM July 25: Guangdong 0 # zinc mainstream transaction in 1930 to 19250 yuan / ton, Shanghai zinc 1909 contract discount 50 to 40 yuan / ton, Guangdong stock market than Shanghai stock market to maintain the discount around 130yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM July 25: Guangdong 0 # zinc mainstream transaction in 1930 to 19250 yuan / ton, Shanghai zinc 1909 contract discount 50 to 40 yuan / ton, Guangdong stock market than Shanghai stock market to maintain the discount around 130yuan / ton. The refinery shipment is normal, the market supply circulation is more abundant. The early quotation of the holder focused on the discount of 40 yuan / ton to the 09 contract, but the market transaction atmosphere was mediocre. Some subsequent holders tried to reduce the discount of 10 yuan / ton, and reported that the discount to the 09 contract was about 50 yuan / ton. Some traders contributed mainly to a small amount of trading, and there was little willingness to receive the goods downstream. Overall, today's Guangdong market transactions are poor, the downstream is basically wait-and-see, superimposed terminal orders continue to change, some enterprises stop production and wait-and-see, there is no demand for goods. Overall, the trading situation in Guangdong today is again worse than that of yesterday. 0# Kirin, Cishan, Tiefeng and Mengzi mainstream were sold near 1930 to 19250 yuan / ton.

Zinc

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