SMM, 17 October:
The mainstream transaction of zinc in Shanghai was 18840-18950 yuan / ton, and that of Shuangyan and Huize was 18850-18960 yuan / ton, that of zinc was 110-120 yuan / ton in November, that of Shuangyan and Huize was 120-130 yuan / ton, and that of zinc was 18770-18880 yuan / ton. Shanghai Zinc 1911 narrow shock in the morning, and then again by the short down, the first trading session in the morning closed at 18775 yuan / ton. In the first trading session, with the end of the meeting, the shippers' mood resumed, and the average price of ordinary brand zinc ingots on SMM was 5-10 yuan / ton, which rose 110-120 yuan / ton to the 1911 contract. In the second trading session, the zinc price continued to weaken, and the holder maintained the rising price of 110-120 yuan / ton on the 1911 contract. With the end of the lead and zinc meeting, the trading market began to be active, downstream enterprises bargain replenishment, but still maintain in the rigid demand inventory, the overall shipper shipment sentiment is greater than the receiving sentiment.
Qin Zinc, Kirin, Yuguang, Jiulong
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