Home / Metal News / July 25 Shanghai zinc spot news: light trading weak at the end of the month

July 25 Shanghai zinc spot news: light trading weak at the end of the month

iconJul 25, 2019 12:00
Source:SMM
SMM July 25: Shanghai 0 # zinc mainstream transaction 1935519380 yuan / ton, Shuangyan, Chihong 19451980 yuan / ton, 0 # ordinary August water 60 to 70 yuan / ton; Shuangyan, Chi Hong reported 70 to 80 yuan / ton. 1 # the mainstream transaction was between 19250 and 1990 yuan per ton.

SMM7, 25th, news:

Shanghai 0 # zinc mainstream transaction 1945 1980 yuan / ton, Shuangyan, Chihong 193551980 yuan / ton, 0 # ordinary August water 60 70 yuan / ton; Shuangyan, Chi Hong reported 70 80 yuan / ton. 1 # the mainstream transaction was between 19250 and 1990 yuan per ton. The Shanghai Zinc 1908 contract runs relatively smoothly, closing at 19290 yuan / ton in the morning market. As the end of the month, the willingness to receive goods in the market is poor, coupled with light downstream demand, spot water from a small number of 80 down to the mainstream rise of about 70, next month ticket prices gradually increased. Transactions are mainly concentrated in the vicinity of 70, but also a small number of 60 transactions. Entering the second trading period, the market sales further increased, the quotation continued to try down to around 60-70, Shuangyan due to the cold reception of goods downstream is basically the same as the ordinary. The overall transaction of the market is contributed by traders, and the buying downstream is weak.

0# brand

Transaction interval

1908

Shuangyan and Chihong

193551980

70 / 80 liter water

Qin Zinc, Kirin, Yuguang, Jiulong

1945 to 1980

60 to 70 liters

"Click to view SMM historical price data




"Click to view SMM historical price data

 

Zinc
noon news

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All