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July 31 Shanghai Zinc spot News: light quotation on the last trading day of the month

iconJul 31, 2019 11:51
Source:SMM
SMM July 31: Shanghai 0 # zinc mainstream transaction 19510-19590 yuan / ton, Shuangyan transaction in 19520-19600 yuan / ton; 0# ordinary August water rise 70-85 yuan / ton; Shuangyan August water rise 90100 yuan / ton; 1 # mainstream transaction in 1940-194990 yuan / ton.

News from SMM7 on the 31st of July:

Shanghai 0 # zinc mainstream transaction is 19510 to 19590 yuan / ton, Shuangyan is sold in 19520 to 19600 yuan / ton; 0# ordinary pair of August water rising water is 70 to 85 yuan / ton; Shuangyan is reported to raise water to August 90 to 100 yuan / ton; 1 # mainstream transaction is 1940 to 1990 yuan / ton. Shanghai zinc 1908 contract concussion downward, the morning market closed at 19480 yuan / ton. On the last trading day of the month, the market trading sentiment further weakened, the early market quotation to the August rise of 70 to 80 yuan / ton, some holders cherish the selling sentiment rose slightly, the quotation as high as 85 yuan / ton to August, the overall market transaction is very few. Entering the second trading period, the disk was lower, and the offer of traders was fully adjusted to 80 yuan per ton in August, but the transaction was still not improved. After the decline, downstream purchasing today is slightly better than yesterday, but due to hot weather and other reasons downstream construction is less active, the overall downstream demand is still poor.

 

 

0# brand

Transaction interval

1908

Double swallow

19520 to 19600

90 to 100 liters of water

Qin Zinc, Kirin, Yuguang, Jiulong

19510 19590

Litre water 70 to 85

"Click to view SMM historical price data




"Click to view SMM historical price data

 

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