Home / Metal News / Zinc / October 11 Guangdong Zinc Market Express: poor willingness to receive goods downstream market transaction atmosphere weakening
October 11 Guangdong Zinc Market Express: poor willingness to receive goods downstream market transaction atmosphere weakening
Oct 11,2019 11:49CST
translation
Source:SMM
SMM10 11: Guangdong zinc mainstream transaction in 18850-18950 yuan / ton, Shanghai zinc 1911 contract reported in the discount water 30-40 yuan / ton, Guangdong market than Shanghai stock market discount maintained at 150 yuan / ton yesterday.
The content below was translated by Tencent automatically for reference.

SMM10 11: Guangdong zinc mainstream transaction in 18850-18950 yuan / ton, Shanghai zinc 1911 contract reported in the discount water 30-40 yuan / ton, Guangdong market than Shanghai stock market discount maintained at 150 yuan / ton yesterday. Disk pull up, refinery active shipment, the market supply circulation is very abundant. The morning quotation of the holder focused on the discount of 30 yuan / ton to the 11 contract, but the consignee was willing to receive the goods at the discount of 40 yuan / ton, and the market transaction showed a slight stalemate; entering the second trading period, some of the holders lowered the price to around 40 yuan / ton for the 11 contract, and the market transaction improved slightly. Overall, today's rally, downstream cautious wait and see, mostly rigid demand to buy, today's main trading by traders to contribute, but the overall transaction situation has been worse than the day before. Yi Qilin, Cishan, Tiefeng, Mengzi mainstream transactions in 18850-18950 yuan / ton near.

 

"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 Frank LIU at liuxiaolei@smm.cn

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

Related news