September 17 Guangdong Zinc Market Express: disk downside failed to boost spot market transactions in Guangdong again

Published: Sep 17, 2019 11:43
SMM September 17: Guangdong zinc mainstream transaction in 19060-19100 yuan / ton, Shanghai zinc 1911 contract reported in the discount of 10 yuan / ton to Pingshui, Guangdong stock market from yesterday's discount of 170 yuan / ton to around 150 yuan / ton.

SMM September 17: Guangdong zinc mainstream transaction in 19060-19100 yuan / ton, Shanghai zinc 1911 contract reported in the discount of 10 yuan / ton to Pingshui, Guangdong stock market from yesterday's discount of 170 yuan / ton to around 150 yuan / ton. Refinery normal shipment, the market supply circulation is very abundant. Today, most of the holders are shipping, the morning quotation is concentrated near the flat water of the 11 contract, the downward market bearish mood is strong, the willingness to receive the goods is not good; enter the second trading period, the market quotation is concentrated in the 11 contract discount 10 yuan / ton, but the market shippers are the majority, the receiver is few, superimposed downstream bearish mood only to rigid demand to buy mainly, the transaction situation in Guangdong today is worse than the day before yesterday. Yi Qilin, Cishan, Tiefeng, Mengzi mainstream transactions in 19060-19100 yuan / ton near.

 

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September 17 Guangdong Zinc Market Express: disk downside failed to boost spot market transactions in Guangdong again - Shanghai Metals Market (SMM)