Guangdong zinc market news on July 30: market turnover in Guangdong has not improved

Published: Jul 30, 2019 11:36
SMM July 30: Guangdong 0 # zinc mainstream transaction in 19570 to 19630 yuan / ton, Shanghai zinc 1909 contract discount 90 to 70 yuan / ton, Guangdong stock market than Shanghai stock market to maintain the discount around 120 yuan / ton yesterday.

SMM July 30: Guangdong 0 # zinc mainstream transaction in 19570 to 19630 yuan / ton, Shanghai zinc 1909 contract discount 90 to 70 yuan / ton, Guangdong stock market than Shanghai stock market to maintain the discount around 120 yuan / ton yesterday. The plate rose and pulled up, the refinery actively shipped, the circulation of goods in the market was very abundant, and the quotation from the holder was relatively chaotic in the morning, with an average price of-10 yuan per ton, and a discount of 40 yuan to 50 yuan per ton for contract 09. However, due to monthly difference and structural changes, some holders changed to quote a discount of 30 to 40 yuan per ton for the contract of 08 for that month, which continued to expand in reverse with the monthly difference., The transaction situation of the contract quotation holders of the current month has improved slightly, entering the second trading period, the market transaction is concentrated on the 09 contract discount 80-90 yuan / ton, the overall transaction atmosphere continues to be light, some traders contribute to a small number of transactions, Guangdong market transactions today are basically flat than yesterday. 0# Kirin, Cishan, Tiefeng, Mengzi mainstream transactions in 19570 19630 yuan / 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.

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