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July 30 Shanghai zinc spot news: zinc futures market shipment is mainly weaker than yesterday
Jul 30,2019 11:54CST
translation
Source:SMM
SMM July 30: Shanghai 0# zinc mainstream transaction in 19680-19790 yuan / ton, Shuangyan transaction in 19700-19800 yuan / ton, 0# ordinary August water 60-70 yuan / ton; Shuangyan reported 70-80 yuan / ton. 1 # the mainstream transaction is between 19600 and 19700 yuan per ton.
The content below was translated by Tencent automatically for reference.

SMM7, 30th, news:

Shanghai 0 # zinc mainstream transactions in 19680-19790 yuan / ton, Shuangyan transactions in 19700-19800 yuan / ton, 0 # ordinary August water 60-70 yuan / ton; Shuangyan water 70-80 yuan / ton. 1 # the mainstream transaction is between 19600 and 19700 yuan per ton. Shanghai zinc 1908 contract intraday shock rose, the morning market closed at 19675 yuan / ton. Zinc futures rose at the same time the structure of the month / next month turned positive, the market trading atmosphere obviously weakened, downstream turned to wait-and-see again, the single trading of traders also slowed down, the market shipment intention is higher, the quotation fell slightly, the morning market is still holding a steady report on the August rise of 70 to 80 yuan / ton, but there is little feedback, the net average price as the benchmark transaction is not as good as yesterday. Entering the second trading period, some of the holders of poor transactions took the initiative to lower their quotations to about 60-70 yuan / ton, and some of them turned to shipment of 30-40 yuan / ton of rising water in September, while the consignee tended to receive the goods at a low price. However, the differences between the two sides of the transaction did not heat up the transaction, and the quotations of other downstream brands have been downgraded, and the overall transaction within the day is further weaker than that of yesterday.

0# brand

Transaction interval

1908

Double swallow

1900 to 19800

70 / 80 liter water

Qin Zinc, Kirin, Yuguang, Jiulong

19680 19790

60 to 70 liters

"Click to view SMM historical price data




"Click to view SMM historical price data

 

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