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SMM10 18 Shanghai spot: zinc price shock operation market trading is better
Oct 18,2019 11:47CST
translation
Source:SMM
SMM, Oct. 18: Shanghai Zinc mainstream transaction in 18880-18900 yuan / ton, Shuangyan, Huize transaction in 18890-18910 yuan / ton; Shuangyan, Huize reported 120-130 yuan / ton in November, Shuangyan and Huize reported 120-130 yuan / ton in November; Shuangyan and Huize reported 120-130 yuan / ton in November; 18810-18830 yuan / ton in Shuangyan and Huize.
The content below was translated by Tencent automatically for reference.

SMM, 18 October:

The mainstream transaction of zinc in Shanghai was 18880,18900 yuan / ton, and that of Shuangyan and Huize was 18890-18910 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 18810-18830 yuan / ton. The trend of Shanghai zinc was relatively stable in 1911, closing at 18760 yuan / ton in the first trading session of the morning market. The first trading session, the morning holder quite high water quotation, with the market offer on the 1911 contract rose 130 yuan / ton, but the market transaction is light, the holder lowered the rising water quotation to 120 yuan / ton, but the transaction is still light, the market mainstream to the SMM net average price discount 5 yuan / ton transaction; in the second trading session, the zinc price continues the concussion market, the holder maintains the rising water quotation to the 1911 contract liter water 110-120 yuan / ton, each brand still maintains the priceless difference; the second trading session, the zinc price continues to fluctuate the market, the holder maintains the rising water quotation in the 1911 contract liter water 110-120 yuan / ton, each brand still maintains the priceless difference; Trading in the trade market is active, downstream enterprises meet bargains to replenish the warehouse, but still maintain in the rigid demand inventory, the market as a whole, the transaction is still good.

Qiao brand

Transaction interval

1911

Huize, Shuangyan

18890-18910

Water 120-130

Qin Zinc, Kirin, Yuguang, Jiulong

18880-18900

Litre 110-120


 

 

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