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.
Qin Zinc, Kirin, Yuguang, Jiulong
"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