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October 28 Guangdong zinc market news: Shanghai and Guangdong price difference narrowed disk surface pull up the discount to expand again
Oct 28,2019 11:47CST
translation
Source:SMM
SMM10 28: Guangdong zinc mainstream transaction in 18950-19030 yuan / ton, quotation focused on Shanghai zinc 1912 contract discount 30-50 yuan / ton, Guangdong market than Shanghai stock market discount maintained from 90 yuan / ton to 80 yuan / ton on Friday.
The content below was translated by Tencent automatically for reference.

SMM10 28: Guangdong zinc mainstream transaction in 18950-19030 yuan / ton, quotation focused on Shanghai zinc 1912 contract discount 30-50 yuan / ton, Guangdong market than Shanghai stock market discount maintained from 90 yuan / ton to 80 yuan / ton on Friday. Refinery shipments are normal, the market supply circulation is more abundant. In the morning, the quotation of the holder focused on the discount of 20-30 yuan / ton on the 12 contract, some of the holders took the lead in lowering the discount to 40 yuan / ton, the market transaction focused on the low price discount, and the quotation of 20 yuan / ton in the 12 contract basically disappeared. Into the second trading session, the market continued to pull up, the market price down again, trading concentrated in the 12 contract discount around 40-50 yuan / ton. On the whole, the market transaction atmosphere has weakened slightly, the downstream is mainly inquiry and wait-and-see, traders contribute to the main trading. Yi Qilin, Cishan, Tiefeng, Mengzi mainstream transactions in 18950-19030 yuan / ton near.

 

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