October 10 Tianjin Zinc spot News: disk pull up to buy difficult to turn around today

Published: Oct 10, 2019 11:41
SMM on October 10, Tianjin market zinc ingot mainstream transaction in 1896020530 yuan / ton, ordinary brand mainstream transaction in 1896019050 / ton, the 1911 contract rose 150-220 yuan / ton, the rising water of Tianjin market narrowed to 70 yuan / ton from 150 yuan / ton on the last trading day before the festival.

SMM on October 10, Tianjin market zinc ingot mainstream transaction in 1896020530 yuan / ton, ordinary brand mainstream transaction in 1896019050 / ton, the 1911 contract rose 150-220 yuan / ton, the rising water of Tianjin market narrowed to 70 yuan / ton from 150 yuan / ton on the last trading day before the festival. Refinery shipments are normal today. In the market, the supply of goods has increased, but overall it is still tight. The quotation of the source of high-priced brand is about 150-220 yuan / ton to 11, and that of ordinary brand is about 150 yuan / ton to 11. The disk pulled up, the holders have downgraded the rising water, from the beginning of trading on the 11 contract rose 220 yuan / ton to 150-190 yuan / ton around. On the third trading day after the festival, the market rose so that the mood of inquiry and wait-and-see became stronger and stronger, and there was little interest in buying downstream. On the whole, the transaction today is once again worse than yesterday. Zi Zijin, Hongye, Bailing, Chi Hong, Xikuang, etc., were traded in 18960-19050 yuan / ton, and Zi Zijin, Chi Hong and Hongye were traded in 18910-19000 yuan / ton.

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October 10 Tianjin Zinc spot News: disk pull up to buy difficult to turn around today - Shanghai Metals Market (SMM)