Home / Metal News / Zinc / October 8 Guangdong Zinc Market News: traders and downstream contribute to the first trading day after the festival
October 8 Guangdong Zinc Market News: traders and downstream contribute to the first trading day after the festival
Oct 8,2019 11:33CST
translation
Source:SMM
SMM10 8: Guangdong zinc mainstream transaction in 18650-18720 yuan / ton, Shanghai zinc 1911 contract reported in the discount water 30-40 yuan / ton, Guangdong market than Shanghai stock market discount from 130 yuan / ton to 140 yuan / ton.
The content below was translated by Tencent automatically for reference.

SMM10 8: Guangdong zinc mainstream transaction in 18650-18720 yuan / ton, Shanghai zinc 1911 contract reported in the discount water 30-40 yuan / ton, Guangdong market than Shanghai stock market discount from 130 yuan / ton to 140 yuan / ton. On the first trading day after the festival, the morning quotation of the holder concentrated in the average price of-10 yuan / ton, part of the contract quotation holder reported a discount of about 40 yuan / ton to the 11 contract, the market transaction atmosphere is more enthusiastic, mostly concentrated in the average price of-10 yuan / ton; Entering the second trading session, the holder was slightly interested in raising the price, raising the discount to around 30 yuan / ton for the 11 contract, but the consignee was willing to receive the 11 contract at a discount of 40 yuan / ton, and the overall transaction was slightly lightened. Overall, the demand for long orders between traders today is better, concentrated in the first trading session, downstream also has a strong willingness to pick up goods, the overall transaction situation is better than the last trading day before the festival. Yi Qilin, Cishan, Tiefeng, Mengzi mainstream transactions in 18650-18720 yuan / ton near.

 

"Click to sign up for the 2019 China Zinc oxide Industry chain Trading Summit"

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Zinc

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news