Home / Metal News / October 08 Tianjin Zinc spot News: wait and see more on the first day after the festival to inquire actively but buy generally.

October 08 Tianjin Zinc spot News: wait and see more on the first day after the festival to inquire actively but buy generally.

iconOct 8, 2019 11:41
Source:SMM
SMM Oct. 08-Tianjin market zinc ingot mainstream transaction in 18850-20380 yuan / ton, ordinary brand mainstream transaction in 18800-18980 yuan / ton, the 1910 contract rose near 150-300 yuan / ton, the rising water of Tianjin market narrowed to 150 yuan / ton from 180 yuan / ton on the last trading day before the festival.

SMM Oct. 08-Tianjin market zinc ingot mainstream transaction in 18850-20380 yuan / ton, ordinary brand mainstream transaction in 18800-18980 yuan / ton, the 1910 contract rose near 150-300 yuan / ton, the rising water of Tianjin market narrowed to 150 yuan / ton from 180 yuan / ton on the last trading day before the festival. Refinery shipments are normal today. In the market, the supply of ordinary brands has increased slightly, and the supply of high-priced brands has shown a trend of tightening due to the slight sale of refineries. In the morning, the quotation for the supply of high-priced brands is concentrated in the vicinity of 250-300 yuan / ton for 10 contracts, and for ordinary brands, the quotation for ordinary brands is relatively scattered, about 150-250 yuan / ton for 10 contracts. Disk downward, rising water also slightly decreased, the first trading day after the festival, traders to inquiry wait-and-see, downstream only to maintain rigid demand to buy, today buy more generally. On the whole, today's transaction was basically flat compared with the last trading day before the festival. Zi Zijin, Red Ye, Bailing, Chi Hong, Xikuang and other transactions in 18850-19030 yuan / ton, Zi Zijin, Chi Hong, Hongye and other transactions in 18800-18980 yuan / ton.

"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 Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All