July 30 Tianjin zinc spot news: disk upward rising water decline Tianjin market transactions slightly improved compared with yesterday

Published: Jul 30, 2019 11:26

Save

SMM7 news on the 30th, Tianjin market 0 # zinc ingot mainstream transaction in 19680 to 20380 yuan / ton, 0 # ordinary brand mainstream transaction in 19690 to 19810 yuan / ton, 1908 contract rising water 30 to 80 yuan / ton, Tianjin market than Shanghai market yesterday to maintain 20 yuan / ton discount nearby. It happened that when the disk went up, refineries actively shipped, and the market supply circulation was relatively abundant. Early quotations from shipowners focused on rising water by 30 to 80 yuan / ton for 08 contracts, and 70 to 80 yuan per ton for high-priced brands. The supply of ordinary brands was lower than yesterday to 40 yuan per ton for 08 contracts. The market transaction improved, the trading atmosphere warmed slightly, and rigid demand was maintained downstream. Contributed to the main volume of transactions today. Overall, trading in Tianjin today is significantly better than yesterday. 0 # Zijin, Hongye, lark, Chihong and other transactions in 19690 19810 yuan / ton, 1 # Zijin, Chi Hong, Hongye and other transactions in 19630 19760 yuan / ton.

"Click to view SMM historical price data

Zinc

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 for 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

2 hours ago

Zinc Ingot Inventory Down 4,700 mt in Seven SMM Locations as of September 17

[SMM Flash] According to SMM communication, as of Thursday (September 17), the total zinc ingot inventory across seven SMM locations was 213,500 mt, down 4,700 mt from September 10 and down 9,000 mt from September 14. China's inventory decreased.

2 hours ago

Zinc Prices Drop, Boosting Inventory Replenishment and Spot Premiums in East China Market

【East China Refined Zinc Market】According to SMM data, zinc prices fell to around RMB 26,000/mt this week, prompting downstream buyers to actively replenish inventories at lower price levels. On September 17, Shanghai zinc ingot inventories fell by 7,600 mt from September 14 to 75,300 mt. Meanwhile, opportunities remained available in bill transactions. With overall zinc ingot availability in the Shanghai market relatively limited recently, holders remained firm on offers, driving spot premiums across the East China market steadily higher.

2 hours ago

3 hours ago

Zhongjin Lingnan: Fankou lead-zinc mine to resume production from September 17

Zhongjin Lingnan announced that its Fankou lead-zinc mine has completed rectification in accordance with the relevant work requirements of the Guangdong Provincial Department of Emergency Management, and has passed the acceptance inspections by higher-level safety regulatory authorities at each level. Production will resume from September 17, 2026. The company previously disclosed that at approximately 9:45 a.m. on August 1, 2026, a roof fall accident occurred in an underground stope access at the Fankou lead-zinc mine, resulting in one fatality. After the accident, the company received the "Notice on Ordering the Fankou Lead-Zinc Mine to Suspend Production" issued by the Shaoguan Emergency Management Bureau, and the Fankou lead-zinc mine suspended production in accordance with the notice.

3 hours ago