SMM10 31 Shanghai spot: zinc prices fall back to spot rising water performance is stable

Published: Oct 31, 2019 11:46
SMM, Oct. 31: Shanghai Zinc mainstream transaction in 18950-19030 yuan / ton, Shuangyan transaction in 18950-19030 yuan / ton; Shuangyan general report on November water 60 yuan / ton; Shuangyan reported water 60 yuan / ton in November; zinc mainstream transaction in 18880-18960 yuan / ton.

SMM, 31 October:

The mainstream transaction of zinc in Shanghai was 18950-19030 yuan / ton, and that of Shuangyan was 18950-19030 yuan / ton, that of zinc was 60 yuan / ton in November, that of Shuangyan was 60 yuan / ton in November, and that of zinc was 18880-18960 yuan / ton. Shanghai zinc 1911 shock downward, the first trading session in the morning closed at 18905 yuan / ton. In the first trading session, at the beginning of the session, some of the holders quoted on the 1911 contract rose 50-55 yuan / ton, and then as the zinc price fluctuated downwards, the holder slightly rose the water quotation, the 1911 contract rose 60 yuan / ton; in the second trading session, the zinc price fluctuated low, the holder quoted to the 1911 contract rose 60 yuan / ton, the market rarely has the low sound water supply; Zinc prices continue to fluctuate, downstream procurement is mainly bargain buying, today downstream procurement is slightly better, some downstream is still waiting for zinc prices to fall further after the purchase, trade market trading and spot rising water is stable, on the whole, today's market trading has improved.

Qiao brand

Transaction interval

1911

Huize

19140 to 19210

Rising water 90

Double swallow

19110-19180

Rising water 60

Qin Zinc, Kirin, Yuguang, Jiulong

19110 19170

Litre water 50 to 70

SMC, India

19100-19160

Liter 40-50


 

 

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