October 10 Shanghai zinc spot news: zinc price high fall spot rising water is more stable

Published: Oct 10, 2019 12:04

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SMM, Oct. 10: Shanghai Zinc mainstream transaction in 18925-18965 yuan / ton, Shuangyan transaction in 18935-18975 yuan / ton; Shuangyan ordinary to November water 120-130 yuan / ton; Shuangyan to November water 130-140 yuan / ton; Shuangyan mainstream transaction in 18855-18895 yuan / ton.

SMM, 10 October:

The mainstream transaction of zinc in Shanghai was 18925-18965 yuan / ton, and that of Shuangyan was 18935-18975 yuan / ton, that of zinc was 120-130 yuan / ton in November, that of Shuangyan was 130-140 yuan / ton in November, and that of Shuangyan was 18855-18895 yuan / ton. Shanghai zinc 1911 high continued to weaken, the first trading session in the morning closed at 18835 yuan / ton. In the first trading period, the holder mainly quoted the average price of SMM net, and some of the holders reported a rise of 130 yuan / ton to the 1911 contract, but the spot discount transaction was weak, and the holder dropped to 1911 yuan / ton. In the second trading period, the zinc price continued to be weak, and the holder slightly raised the water quotation, some reported to the 1911 contract rose 130 yuan / ton; the second trading period, the zinc price continued weak downward line, the holder slightly raised the water quotation, some reported to the 1911 contract rose 130 yuan / ton; Near the first batch of long single delivery, traders are active in the market, so the spot price rising water is relatively strong, downstream as zinc prices are still in the low rebound high, procurement is more cautious, mainly to replenish the warehouse on demand.

Qiao brand

Transaction interval

1911

Huize, Shuangyan

18935-18975

Liter 130-140

Qin Zinc, Kirin, Yuguang, Jiulong

18925-18965

Water 120-130

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