October 17 Guangdong zinc market news: Shanghai and Guangdong price spread narrowed transaction better than yesterday

Published: Oct 17, 2019 11:42
SMM10 17: Guangdong zinc mainstream transaction in 18720-18800 yuan / ton, Shanghai zinc 1911 contract reported in the discount water 20-30 yuan / ton, Guangdong market than Shanghai stock market discount maintained at 160 yuan / ton from 160 yuan / ton to 140 yuan / ton.

SMM10 17: Guangdong zinc mainstream transaction in 18720-18800 yuan / ton, Shanghai zinc 1911 contract reported in the discount water 20-30 yuan / ton, Guangdong market than Shanghai stock market discount maintained at 160 yuan / ton from 160 yuan / ton to 140 yuan / ton. Refinery normal shipment, the market supply circulation is more abundant, the morning quotation of the holder is concentrated in the 11 contract discount 20 yuan / ton, but the consignee is willing to receive the goods in 11-30 yuan / ton, the market transaction is slightly deadlocked. Entering the second trading period, market transactions focused on the discount of 11 contracts around 30 yuan / ton, some low-cost sources of goods traded in the vicinity of 11 to 40 yuan / ton, the market transaction was slightly boosted, and the trading of traders improved significantly. Overall, the transaction in Guangdong City today is better, traders are willing to receive goods actively, downstream every drop to make up for the warehouse, transactions are better than yesterday. Yi Qilin, Cishan, Tiefeng, Mengzi mainstream transactions in 18720-18800 yuan / ton near.

 

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October 17 Guangdong zinc market news: Shanghai and Guangdong price spread narrowed transaction better than yesterday - Shanghai Metals Market (SMM)