October 09 Tianjin zinc spot news: supply tension trend slightly to loose today transaction weakening

SMM, October 9, Tianjin market zinc ingot mainstream transaction in 18810-20380 yuan / ton, ordinary brand mainstream transaction in 18760-18940 / ton, the 1911 contract rose 130-280 yuan / ton, the rising water of Tianjin market narrowed to 110 yuan / ton from 150 yuan / ton on the last trading day before the festival. Refinery shipments are normal today. In the market, the supply is higher than yesterday, it is rumored that more than 10, 000 tons of Iranian zinc arrived today, SMM will continue to pay attention. The quotation for the supply of high-priced brands is concentrated around 230-280 yuan / ton for 11 liters of water, and that for ordinary brands is about 130230 yuan / ton for 11 liters of water. Disk continued horizontal concussion consolidation, supply tightening trend slightly turned to make rising water slightly lower than yesterday, the market is generally more bearish, traders are still inquiry wait-and-see, downstream rigid demand to buy part of the transaction, today's transaction atmosphere is relatively light. On the whole, today's transaction is worse than yesterday's. Zi Zijin, Hongye, Bailing, Chihong, Xikuang, etc., were traded in 18810-18990 yuan / ton, and Zi Zijin, Chi Hong and Hongye were traded in 18760-18940 yuan / ton.

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