Home / Metal News / October 30 Tianjin Zinc spot News: rising water down difficult to buy today's transaction is extremely light

October 30 Tianjin Zinc spot News: rising water down difficult to buy today's transaction is extremely light

iconOct 30, 2019 11:35
Source:SMM
SMM on October 30, Tianjin market zinc ingot mainstream transaction in 1904020430 yuan / ton, ordinary brand mainstream transaction in 1904019180 / ton, the 1911 contract rose 0-80 yuan / ton, the Tianjin market expanded from flat water to 20 yuan / ton.

SMM on October 30, Tianjin market zinc ingot mainstream transaction in 1904020430 yuan / ton, ordinary brand mainstream transaction in 1904019180 / ton, the 1911 contract rose 0-80 yuan / ton, the Tianjin market expanded from flat water to 20 yuan / ton. Refinery shipments are normal today. In the market, the circulation of goods still tends to be loose. The quotation of the high-priced brand source is concentrated in the vicinity of 0-80 yuan / ton to the 11 contract, and the quotation for the ordinary brand source is about 0-30 yuan / ton to the 11-liter water. Today, the disk is still continuing high volatility, the downstream willingness to buy is very weak, there are few transactions in the market, holders have no choice but to lower the rising water one after another, the supply of high-priced brands is gradually reduced from 80 yuan / ton to flat water for the 11 contract at the beginning of the session, and the ordinary brand is also down to about 50 yuan / ton for the 11 contract from the beginning of the market to even a small discount. Although the rise and decline is obvious, but in the disk high and environmental protection production restrictions continue to affect, the downstream buy Xing is still in the doldrums, the market transaction is extremely light. On the whole, the transaction today is once again worse than yesterday. Zi Zijin, Hongye, Bailing, Chi Hong, Xikuang, etc., were traded in the vicinity of 19040-19180 yuan / ton, while Zi Zijin, Chi Hong and Hongye were traded in 18990-19130 yuan / ton.

"Click to sign up for the 2019 China Zinc oxide Industry chain Trading Summit"

Scan QR code, apply to join SMM metal communication group, please indicate company + name + main business

 

Zinc

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All