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SMM12 March 13 Shanghai Zinc Ingot spot: zinc Price low and spot High shock

iconDec 13, 2019 12:05
Source:SMM
SMM, December 13: Shanghai Zinc mainstream transaction in 18550-18570 yuan / ton, Shuangyan transaction in 18560-18580 yuan / ton; Shuangyan ordinary December water 180-190 yuan / ton; Shuangyan to December water 190-200 yuan / ton; Shuangyan mainstream transaction in 18480-18500 yuan / ton.

SMM, 13 Dec:

The mainstream transaction of zinc in Shanghai was 18550-18570 yuan / ton, and that of Shuangyan was 18560-18580 yuan / ton, that of zinc was 180-190 yuan / ton in December, that of Shuangyan was 190-200 yuan / ton in December, and that of zinc was 18480-18500 yuan / ton. The Shanghai Zinc 1912 contract rebounded, closing at 18370 yuan / ton in the first trading session in the morning market. The first trading period, the first shock uplink, the market basic to the net average price quotation, the spot rise paste water quotation is less, after approaching the first time period closing stage, the holder to the 1912 contract rises 170-180 yuan / ton; enters the second period, the zinc price high shock, the spot rises the water to continue to climb, the ordinary brand zinc basically follows the market offer to the 1912 contract rises 180-190 yuan / ton; Zinc price high shock, spot quotation continues to rise high water, the market supply is less, the holder does not cover the goods; in addition, with the spot price continues to rise, wait and see downstream today, a small number of just need to purchase.

Qiao brand

Transaction interval

1912

Double swallow

18560-18580

Litre 190-200

Qin Zinc, Kirin, Jiulong

18550-18570

Liter 180-190

SMC

18530-18550

Litre 160-170

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